hedge fund BKCoin Unicron fired for misappropriating $12 million in client funds

12/08 17:09

According to coindesk, crypto hedge fund BKCoin co-creator Kevin Kang has been fired for misappropriating $12 million in client funds, and the fund's core legal entity, BKCoin Management LLC, has filed legal action against Kang in the 11th Florida Court, and Ackerman LLP attorney Michael I. Goldberg has been appointed as interim receiver to oversee and liquidate the funds.
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