US Justice Dept Arrests Blockchain Company Official on Charges He Defrauded Firm of More Than $1M

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The U.S. Justice Department has accused 28-year-old Rikesh Thapa of defrauding his start-up tech firm of more than $1 million in U.S. currency, cryptocurrency and utility tokens. By NelWang

The 28-year-old Thapa was arrested on Wednesday in California and is expected to come before a federal judge for the Southern District of California.

According to the indictment, in 2018, Thapa agreed to receive and hold $1 million of his company’s money in his personal bank account while the firm explored other banking options. Thapa soon began using the funds on personal expenses such as nightclubs, travel and clothing, despite re-assuring the company that he was only holding the money “for safekeeping.”

 

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NelWang Rikesh, the Kareem Serageldin of failed crypto 'regulation'.

NelWang What about SBF_FTX ?

NelWang SBF?

NelWang Ok, now do SBF. 🤣

NelWang SBF.....

NelWang What aboutSBF_FTX that weird looking fucker should be in jail before anybody

NelWang What about SBF_FTX and the $8B he stole? When does he get arrested? coffeebreak_YT

NelWang WTF? How about SBF-FTX?

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