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Zero Edge founder Richard Kim was arrested for misappropriating investor funds for gambling
DailyNews
According to an indictment filed by the Federal Bureau of Investigation (FBI) in the Southern District of New York on Tuesday, Kim fraudulently lured investors to invest in Zero Edge, a crypto technology company he founded, and subsequently embezzled millions of dollars of investment funds for gambling, and has now paid $250,000 in bail. （CoinDesk）
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