Key Insights: BitConnect founder Satish Kumbhani indicted for Ponzi Scheme In 2021, BitConnect and Kumbhani were sued by the SEC. Penalties for illegal activity are hefty, with some jurisdictions call...
Tag: Founder
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...
Federal Grand Jury Indicts BitConnect Founder Over Alleged $2.4B Crypto Scheme
In brief The U.S. Department of Justice announced today the indictment of BitConnect founder Satish Kumbhani. The indictment alleges Kumbhani and his co-conspirators obtained approximately $2.4 billio...
BitConnect founder indicted for alleged $2.4 billion Ponzi scheme
advertisement A federal grand jury has indicted BitConnect founder Satish Kumbhani with allegedly defrauding $2.4 billion through the crypto Ponzi scheme. The US Department of Justice announced on Fri...
‘Ethereum Is Neutral but I Am Not’: ETH Founder Vitalik Buterin Denounces Russia’s Invasion of Ukraine
One of the most prominent figures in the crypto community is publicly denouncing Russia’s invasion of Ukraine. Ethereum (ETH) co-founder and billionaire Vitalik Buterin took to Twitter to blast Russia...
BitMex Founder Arthur Hayes Pleads Guilty – Trustnodes
Arthur Hayes, the founder of once the biggest crypto derivatives exchange, BitMex, has pleaded guilty to violating the Bank Secrecy Act, the US Justice Department said. The exchange did not previously...
Dogecoin’s founder speaks against meme coin spam ads on Twitter
The co-founder of Dogecoin, Billy Markus, has lashed against meme coins. Dogecoin (DOGE/USD) is currently the largest meme coin by market capitalization, and it has received overwhelming support over ...
Nick Agar Founder Of AXIA Talks To Us About His Company And Inclusive Blockchains
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Founder of Cosmos blockchain rebrands to ‘Ignite’ » CryptoNinjas
All in Bits, Inc., DBA “Tendermint”, the founding team of the Cosmos ecosystem and developer of tools for Web3, has now announced it will operate under the trademark, “Ignite” with a new, energized br...
Pussy Riot Founder, Trippy Labs, PleasrDAO Members Launch ‘Ukraine DAO’
In the wake of Russia’s incursion into Ukraine, crypto users have taken it upon themselves to raise money in support of the beleaguered nation. To that end, decentralized autonomous organization...
Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates
Billy Markus, the iconic founder of the Dogecoin (DOGE) meme coin, has lashed out on his Twitter handle as he called out a new generation of developers looking to get rich quick through meme coin crea...
CryptoLaw Founder John Deaton Makes Bold Predictions on Ripple SEC Lawsuit: Details
Tomiwabold Olajide CryptoLaw creator John Deaton makes wild predictions about Ripple’s XRP lawsuit: details CryptoLaw founder John Deaton seems to be making bold predictions on the ongoing Rippl...
Cardano Founder Dismisses Theranos Comparisons: “We Have No Secrets”
Alex Dovbnya Input Output CEO Charles Hoskinson has explained the key difference between Theranos and Cardano during a recent ask-me-anything session During a recent ask-me-anything session, Input Out...
Ethereum Founder Vitalik Buterin Welcomes Another Crypto Winter
Ethereum blockchain co-founder and prominent leader in cryptocurrency Vitalik Buterin said that investors might be experiencing a “crypto winter,” but it’s not all bad news for them. He went on to say...
“$ADA Is Going To Explode”, CCV Founder Reveals Why ‘Cardano Is The Biggest Sleeping Giant In Crypto’ ⋆ ZyCrypto
Advertisement     Key Takeaways Crypto Capital Venture founder Dan Gambardello believes ADA is set to explode. The crypto pundit is bullish on ADA because of the funda...
Xsolla founder launches X.LA foundation on Blockchain
Xsolla Founder Aleksandr “Shurick” Agapitov announced today the launch of X.LA Foundation. X.LA is a community-driven organization designed to democratize how creators benefit from their work by utili...
Gaming Levels Up: Xsolla Founder Launches X.LA Foundation on Blockchain
SHERMAN OAKS, CA – February 18, 2022 – Xsolla Founder Aleksandr “Shurick” Agapitov announced today the launch of X.LA Foundation, a community-driven organization designed to democratize how creators b...
Exotic Markets Founder Joffrey Dalet Talks Defi Banking, Structured Products and Solana – Interview Bitcoin News
Exotic Markets is a DeFi (Decentralized Finance) platform on the Solana Blockchain. It aims to become the most flexible structured products protocol, offering the widest range of payoffs and underlyin...
Important: Know about the crypto founder who escaped from million dollar crypto scam
Thomas the founder of a decentralized autonomous organization (DAO) on Twitter, has detailed how he nearly lost all of his ETH to a social engineering fraud. In a lengthy thread, he detailed how scamm...
Courtroom battle leads to Bitstamp’s new owner winning against its founder
Bitstamp’s new owners have won the courtroom battle against founder Nejc Kodrič Controversial call option may be exercised now by the founders Owned by NXHM, which acquired Bitstamp in October 2018 w...
SEC Is Investigating Trading Firms Linked to Binance Founder: Report
The U.S. Securities and Exchange Commission is looking into the connection between cryptocurrency exchange Binance US and two trading firms linked to Binance founder Changpeng “CZ” Zhao—Si...
Judge rules in favour of Bitstamp owner after courtroom clash with founder
Nejc Kodrič, founder and former CEO of Bitstamp, has failed in his bid to stop the crypto exchange’s new owners from wresting away his remaining shares. In a recent filing, Judge Eason Rajah QC ruled ...
No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia – Coinotizia
Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech developme...
A Rising Rate Environment will Tilt from Bonds to Crypto, Says Fundstrat Founder
Speaking on CNBC’s Crypto World Monday, Thomas (Tom) Lee, the founder of equity research firm Fundstrat Global Advisors, opined that with interest rates being on a reversal after experiencing a 30-yea...
The fall of Peloton’s John Foley and the market’s big founder problem
John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in Ne...
Ethereum Founder Vitalik Buterin to Putin: Ukraine Invasion Will ‘Harm Humanity’
In brief Vitalik Buterin took to Twitter in his mother tongue to urge Putin to avoid war. The Ethereum founder’s tweet comes as Russia is preparing to invade the smaller country. Ethereum founde...