Former Goldman Sachs, JPMorgan Exec Gambled Investor Funds: DOJ

Ex-Wall Street exec allegedly diverted millions from casino startup to fund personal gambling, crypto trading

Richard Kim, formerly a top banker at JPMorgan Chase and Goldman Sachs, was indicted on securities and wire fraud charges for allegedly diverting nearly $4 million in investor funds from his casino startup to finance his personal gambling and cryptocurrency trades.Kim, a 39-year-old New York resident who founded cryptocurrency gaming startup Zero Edge in March 2024 and served as its chief executive, allegedly told investors their money would be …

Goldman, JPMorgan vet gambled seed round funding: DOJ

Richard Kim told investors his company was developing a cryptocurrency-enabled gaming app, then “gambled away substantially all of the company’s money,” prosecutors said.

Former Goldman Sachs, JPMorgan Exec Gambled Investor Funds: DOJ

A former Goldman Sachs and JPMorgan executive has been indicted for allegedly gambling away investor funds, according to prosecutors.

Former Goldman Sachs, JPMorgan exec gambled away investor funds for his online casino company: Feds

Investors who lost money in Richard Kim's alleged scheme included Galaxy Digital, where he had been a venture fund investor for six years.