Former CEO Goldman Sachs arrested due to alleged crippto casino fraud

Former Executive Director Wall Street Richard Kim was arrested and charged with values ​​and securities for allegedly forecasts for 4 million dollars forecasts from investors in the Casino Startup block-seat online launcher.

Toward the sworn submit The FBI Special Agent Thomas McGuire in the southern district of New York, who previously served as global foreign currency and emerging markets, Goldman Sachs and JP Morgan, launched Zero edge in March 2024. Years.

The market is a company as a Xipo-Kasnica published by Lika Games, a virtual currency called “Vera” and lasting token called “$ RNG”.

From March to June 2024. year, Kim near $ 4.3 million through sales and token sales, threw investors on development maps, including smart contracts, casino games and compliance regulations and securities.

Fund check

However, prosecutors claim that Kim misrepresented the use of investor funds and redirected money for unauthorized purposes, including trade in speculative cryptocurrent stores.

The FBI investigation revealed that Kim promised in formal agreements and documents on the sale of token that the funds would go exclusively in the construction of the platform.

At least one investor told the authorities that they would not invest that they knew that funds were effective personal loans to Kim.

Kim also stated legal examinations from companies like Greenberg Traurig to assure the regulatory value compliance investor.

But according to appeal, some key agreements have never been fully executed or have been altered to remove obligations around financial transparency and internal controls.

Kim faces charges under the title 18 for wire processing and securities deception under federal securities laws. The case remains under investigation.