Crypto Casino Founder Richard Kim Arrested After Gambling Away Investor Funds

Crypto Casino Founder Richard Kim Arrested After Gambling Away Investor Funds

Former Galaxy, Goldman Sachs, and JP Morgan executive Richard Kim faces securities and wire fraud charges after allegedly gambling away "nearly all" of his investors' funds.

He promised to create a “social casino” and lost $ 7 million in gambling: the United States was detained - Global Happenings

In the United States, Kryptocasino Richard Kim was arrested. He is accused of assigning investors who lost in gambling, rates and lost as a result of high trade in cryptocurrency. According to the FBI, he lost about $ 7 million. According to Coindesk, the KIM track record works in financial giants such as Galaxy Digital, Goldman Sachs and JP Morgan. According to investigators, he was “rubbing investors in confidential trust” and extracted money …

Former Goldman Sachs executive arrested for alleged crypto casino fraud

Former Wall Street executive Richard Kim has been arrested and charged with wire fraud and securities fraud for allegedly misappropriating over $4 million from investors in an online casino