May 20, 2026

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CFTC Fines Bitcoin Trader $1.1 Million for Crypto Fraud

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CFTC Fines bitcoin Trader $1.1 Million for Crypto Fraud

CFTC Fines bitcoin Trader $1.1 Million for Crypto Fraud The U.S. Commodity Futures Trading Commission (CFTC) has jailed a bitcoin trader and fined him over $1 million for running a fraudulent bitcoin and litecoin scheme. According to a press release issued Friday by the CFTC, the trader, Arizona resident Joseph Kim, admitted to defrauding investors of hundreds of…

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