New charges have been filed against a Philadelphia-based day trader accused of manipulating a series of online brokerage accounts and using bitcoin to hide the source of his profits.
Joseph Willner has been charged with multiple offensives, including those related to computer intrusions and securities fraud. Willner, as previously reported by CoinDesk, was accused this month by the U.S. Securities and Exchange Commission of breaking into victims’ digital brokerage accounts and conducting a series of short sales designed to generate some $2 million in revenue. More than 50 trading accounts were targeted during the alleged scheme, prosecutors have said…
Read Full: More Charges Filed Against Trader Who Used Bitcoin to Conceal Fraud Profits
