Feds charge Chicago trader in first ever crypto-fraud case

After allegedly siphoning $2 million in Bitcoin and Litecoin from his Chicago employer, a 24-year-old trader who thinks himself “invincible” has become the first target of a criminal fraud prosecution involving “cryptocurrency.” According to an abc7 report and federal investators, 2016 University of Chicago graduate Joseph Kim is charged with fraud against Consolidated Trading LLC. RELATED:…