24yo Bitcoin Trader Faces 20 Years in Prison! Over $2 Million stolen!

in #bitcoin7 years ago


Joseph Kim, a 24 year old Korean American could face up to 20 years in Prison if convicted. US Attorney for Illinois along with the FBI are working together claiming that Mr. Kim stole over $2 million worth of Bitcoin and Litecoin from Consolidated Trading, LLC. Morale of the story guys? Don't steal $2 million dollars worth of Litecoin and Bitcoin from your work...or ANYBODY. Let us know what you think about this story in the comment below!

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That is why it is better not to entrust your capital to a third party, a broker in the company can steal it. One is better off trading one's capital himself :)
Crypto world teaches all of us to be responsible for our own capital.

@dnews @ 3:54 "don't invest your bread money" . lol That should be a new meme!
cheers!
ian

Hey Ian, my brotha! Welcome back :) happy to see you! & Remember, don't invest your rent money! hahaha. Cheers my brotha. What do you think of my crazy flashing DTUBE sign?

Maybe we should have a contest " don't invest your xxxxxx money" . Insert appropriate word her xxxxx. lol
Wait a sec... is that flashing sign in your room or on top of your video? I thought it ws just a GIF added on top of your video. Cheers!
Ian

Haha yeah let's do it! Man. Probably a lot easier to have a GIF up there. Lol. Build it all by hand. LOL!

Really great information nice post thanks for sharing sir...resteemed

Thanks a million!

If you get caught stealing it doesn’t work out good. Don’t steal to get your crypto!

That's 100% right!

its about time they get held accountable

@dnews thank you for the win the other day I didn’t expect that!

So this whole time I’ve been sitting here wondering if anyone profited on their shorting attempts this is the perfect example of those who failed miserably. Futures!? What about those?

I’ve said for quite some time, watch the times at which big money needs to balance their budgets and times that bitcoin falls to meet the 155-200 sma, almost yearly with increasing volume manipulation. If fiat is constantly devalueing would they not need more crypto to balance their budgets? Then we could talk about unverified trading funneling through privacy coins. If you can think of it, it’s most likely happening already. I like my conspiracy!

Definitely going to try tune in daily, keep it coming!

This is a perfect example what not to do with crypto... Like you always say, never invest your bread money! I just started looking into crypto currencies and I rather want this to be a hobby for me.

thank you

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