CFTC Enforcement Action: $1.14 Million Penalty and 15 Months Jail Sentence for Crypto Trader

CFTC Enforcement Action: $1.14 Million Penalty and 15 Months Jail Sentence for Crypto Trader
On 9 November 2018, the U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against crypto trader Joseph Kim, requiring him to pay a penalty of over $1.1 million for "a fraudulent Bitcoin and Litecoin scheme." Furthermore, Kim was given a 15 months sentence by the U.S. District Court for the Northern District of Illinois. For Further Information Click on Below Button
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