SEC Charges Richard T. Kim, Founder of Zero Edge, With Misappropriating $3.7 Million
May 08, 2025
May 08, 2025
WASHINGTON, May 8 -- The Securities and Exchange Commission issued the following litigation release (No. 1:25-cv-03796; S.D.N.Y. filed May 7, 2025) involving Richard T. Kim:
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On May 7, 2025, the Securities and Exchange Commission charged Richard T. Kim, founder and former CEO of Zero Edge Corporation, with fraud for misappropriating approximately $3.7 million of investor funds that he raised to build a blockchain-based online casino.
According to the S . . .
* * *
On May 7, 2025, the Securities and Exchange Commission charged Richard T. Kim, founder and former CEO of Zero Edge Corporation, with fraud for misappropriating approximately $3.7 million of investor funds that he raised to build a blockchain-based online casino.
According to the S . . .