Targeted News Service

Tech Company CEO Charged With Securities And Wire Fraud After Gambling Away Seed Round Funding
August 14, 2025

NEW YORK, Aug. 14 -- The office of the U.S. Attorney for the Southern District of New York posted the following news release on Aug. 12, 2025:

* * *

Tech Company CEO Charged With Securities And Wire Fraud After Gambling Away Seed Round Funding

Richard Kim Allegedly Misappropriated Approximately $4 Million of Startup Funds to Make Leveraged Cryptocurrency Trades and Gamble in an Online Casino

*

United States Attorney for the Southe . . .

Targeted News Service Document Request Form

This document is available to you by e-mail if you complete the form below with relevant information. There may be a fee for this article or ongoing service of similar materials. We will be in touch shortly.

Name:
What's your Affiliation	Government Newspaper / Media Business Public Policy Individual / Student Educators
Email:
Phone:
Organization, if any:
State/Country you are in:
Additonal questions or comments:

Click here for more information about our products

Existing Customer Login

Targeted News Service Document Request Form