SEC unable to locate BitConnect founder convicted in $2.4B fraud case
Indicted by the United States Department of Justice in a $2.4 billion Ponzi scheme, BitConnect founder Satish Kumbhani remains untraced following...
BitConnect
BitConnect Founder Charged with Defrauding Investors
Alex Dovbnya The DOJ has zeroed in on the founder of the infamous BitConnect Ponzi scheme. He’s now facing up...
BitConnect Mastermind Indicted In U.S. On Charges of Fraud
The writing is on the wall for indicted crypto fraudster Satish Kumbhani as a U.S. jury charges him on multiple...
Finally, U.S. authorities indict founder of $2 billion BitConnect fraud
Three years after the official closure of BitConnect, an infamous crypto exchange platform, the United States authorities are still in...
BitConnect Founder Indicted For Orchestrating a Global Ponzi Scheme
Unlike the BCC token that died several years ago, the case of Bitconnect – the cryptocurrency project that gave rise...
Appellate court decision allows Bitconnect class action to proceed
The 11th Circuit Court of Appeals has ruled that victims of the Bitconnect Ponzi scheme can proceed with a class...
BitConnect Ponzi victims can sue some of the crypto scam’s promoters
The story of BitConnect doesn’t include any rapping Forbes bloggers slash money launderers or dubiously-obtained ape JPGs, but this “pyramid-on-Ponzi”...
SEC Obtains Judgement Against Top BitConnect Promoter Glenn Arcaro
The US Securities and Exchange Commission (SEC) obtained a judgment against Glenn Arcaro – the lead promoter of the alleged...
Judgement Obtained Against Lead BitConnect Promoter, Says SEC
A judgement was obtained against the lead promotor of BitConnect, after the Securities and Exchange Commission (SEC) had filed a...
US Government to Sell $56 Million Worth of Crypto to Compensate BitConnect Victims
Alex Dovbnya The confiscated funds will be used to provide restitution to BitConnect victims The U.S. government has received court...