🚨🚨 #ZeroEdge 🚨🚨

🚨 Crypto Scandal: Zero Edge Founder Richard Kim Arrested for Misusing Investor Funds

Who is Richard Kim? Founder of crypto casino Zero Edge; formerly with JPMorgan, Goldman Sachs, and Galaxy Interactive.

What happened? After raising over $7 million for Zero Edge, Kim lost approximately $3.67 million through risky leveraged Bitcoin trades.

How did it start? An initial $80,000 loss due to a phishing scam triggered a series of high-risk trades in an attempt to recover funds.

Admission and Resignation: Kim admitted to a long-standing gambling addiction, resigned on July 2, and reported himself to the SEC.

Investor Impact: Major investors, including Galaxy Digital, reported Kim to authorities. The future of Zero Edge remains uncertain.

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This incident underscores the importance of transparency and risk management in crypto ventures.