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Cryptocurrency: Chicago Trader Facing Federal Fraud Charge

Department of Justice
(Source: justice.gov)

Chicago, IL-(ENEWSPF)- In the first criminal prosecution in Chicago involving the cryptocurrency trading industry, a Chicago trader was charged February 15 with fraud for allegedly misappropriating $2 million in Bitcoin and Litecoin.

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JOSEPH KIM, 24, of Chicago, was charged in a federal criminal complaint with one count of wire fraud. He is scheduled to make an initial court appearance on Feb. 16, 2018, at 10:30 a.m., before U.S. Magistrate Judge Daniel G. Martin…

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