Shipkevich Bitcoin and ICO Attorney
Felix Shipkevich April 21, 2011

On April 15th, the CFTC obtained a federal order from a federal court in New York to force Brian Kim and Liquid Capital Management LLC to pay in excess of $12 million in restitution and penalties for defrauding a commodity pool. $3.1 will go to fraud victims, including Kim’s Condominium Association, and $9.3 million levied as a civil monetary penalty. Additionally, the defendants are forbidden from commodities trading or registering with the CFTC.

The order comes as a result of a complaint filed by the CFTC on February 15th of this year, charging Kim and Liquid Capital Management with a host of crimes, including fraudulent solicitation, misappropriation and misrepresentation, and falsifying records.

Read more about this CFTC enforcement action.

 

18 thoughts on “Brian Kim and Liquid Capital Management ordered to pay more than $12 million by federal court

  1. Discount Worldwide Online Progesterone 100mg Menopause Secure Ordering Amoxicillin Pictures Amoxicillin Bronchitis Dosage cialis Buy Generic Prevacid Online Viagra Rezeptfrei In Osterreich Isotretinoin Isotret

Leave a Reply