The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1.1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim lost CT over $600,000 through stealing money to finance cryptocurrency trades gone wrong. He also lost a further $545,000 heRead MoreThe post CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail appeared first on Bitcoinist.com.
