Join Our Telegram channel to stay up to date on breaking news coverage According to a decision made by a Californian court, about 800 victims of the infamous BitConnect scam will shortly receive a fra...
Tag: BitConnects
BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter
Arcaro is not the only BitConnect bigwig to face consequences for his role in the scheme: BitConnect’s founder, Satish Kumbhani, has been indicted on a host of felony charges, including conspiracy to ...
BitConnect’s Satish Kumbhani Indicted By DoJ Is Now Wanted in India ⋆ ZyCrypto
Advertisement     Indian founder of BitConnect, Satish Kumbhani, was indicted by the US Department of Justice (DoJ) in February for “orchestrating” a $2.4 billion glob...
The US charged BitConnect’s Satish Kumbhani with $2.4 billion for the Ponzi scam
BitConnect creator Satish Kumbhani was accused by a US grand jury of accusations that he engineered a global Ponzi scheme that generated $2.4 billion from investors. Kumbhani may face up to 70 years i...
Ponzi Scam: BitConnect’s Indian Founder Charged In $2.4 Billion Bogus Scheme
A federal grand jury in San Diego charged the founder of a cryptocurrency startup Friday in a broad indictment that claims he cheated investors of more than $2.4 billion in a Ponzi scam. Prosecutors s...
BitConnect’s Kumbhani Charged by U.S. in $2.4 Billion Ponzi Scam
(Bloomberg) — BitConnect founder Satish Kumbhani was indicted by a U.S. grand jury on charges he orchestrated a global Ponzi scheme that raised $2.4 billion from investors in a fraudulent crypto...
Federal Grand Jury in San Diego Indicts BitConnect’s Founder
The US Department of Justice (DOJ) today announced that Satish Kumbhani, the founder of the $2.4 billion crypto scam BitConnect, has been indicted. Q4 2021 volumes have gone up or down and how much? T...
DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme
The founder of the infamous crypto exchange BitConnect, Satish Kumbhani, has been charged for allegedly misleading investors globally and defrauding them of $2.4 billion in the process. According to t...