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