The U.S. Financial Industries Regulatory Authority (FINRA) has fined and suspended a former Merrill Lynch representative for cryptocurrency mining. The undeclared outside business activity is also what lost Kyung Soo Kim his job. Moonlighting As A Crypto Miner In December 2017, Kim formed and incorporated ‘S Corporation,’ of which he was sole shareholder and director. He opened and funded a corporate bank account. Then he paid another company to build and operate hardware and softwareRead MoreThe post FINRA Fines Ex-Merrill Lynch Employee For Mining Crypto appeared first on Bitcoinist.com.
