Trader Fined and Jailed Over Fraudulent Scheme Worth Millions

A crypto trader was both fined and jailed by the United States Futures Trading Commission (CFTC). The fine was a no slap on the wrist and amounted to nearly $1 million. Joseph Kim is charged with running a fraudulent scheme involving bitcoins and litecoins. CFTC’s press release from November 9th stated that the Arizona-based trader

Kraken has been flooded with Tether tokens, despite the downtrend

There is a huge flood of Tether (USDT) tokens into 1 particular wallet address. The address belongs to the Kraken exchange. Kraken remains one of the few places in the world, where you can convert your USDT into USD. The exchange’s wallet balance currently stands at 47.2 million USDT. According to the Tether rich-list, the