The Seychelles-based crypto exchange OKX recently started investigations into the platform following the users’ allegations of market manipulation of the Celestial (CELT) token. In reality, Celestial’...
Tag: Restitution
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 ...
Over 800 Victims of BitConnect Crypto Ponzi Scheme To Receive $17,000,000 in Restitution, According to U.S. DOJ
More than 800 victims of the collapsed BitConnect crypto Ponzi scheme are set to receive $17 million in restitution, according to the U.S. Department of Justice. A federal district court in San Diego ...
Victims of BitConnect to Receive $17 Million in Restitution
Around 800 victims of the BitConnect scheme will soon receive a portion of $17 million in restitution after a court ruling ordered it so. A court ruling on Thursday by the U.S. District Court for the ...
Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme – Bitcoin News
More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded tho...
Victims of $2.4B BitConnect Ponzi to Receive $17M in Restitution
Victims of the Ponzi scheme BitConnect may finally find some respite. The United States District Court for the Southern District of California ordered over $17 million in restitution to be distributed...
BitConnect Fraud Victims Receive Over $17 Million in Restitution
The United States Department of Justice (DOJ) released a Press Release on January 12th, 2023. According to the PR, “a federal district court in San Diego ordered that over $17 million in restitution b...
Victims Of BitConnect Fraud To Receive $17M As Restitution: DOJ
The US Department of Justice (DOJ) has ordered to distribute over $17 million in restitution to 800 victims of the BitConnect fraud. The announcement comes as some relief for victims, although the $2....
California Man Must Pay $61K in Restitution for SIM Swap Scam That Stole One Victim’s Crypto
Richard Yuan Li, whom prosecutors had charged with one count of conspiracy to commit felony wire fraud, and co-conspirators stole the crypto from an unnamed New Orleans physician after gaining access ...