The indicted founder of crypto trading platform BitConnect has gone off the grid – leaving federal officials unable to formally serve him with a lawsuit in connection to an alleged $2.4 billion Ponzi ...

The millions will be distributed among the select number of victims, but thousands more were impacted by the $2.4 billion fraudulent scheme. A group of crypto fraud victims of the BitConnect ...

The founder of a cryptocurrency company was charged by a San Diego federal grand jury Friday in a wide-ranging indictment alleging he defrauded global investors out of more than $2.4 billion in what ...

A federal grand jury in San Diego indicted the founder of BitConnect for allegedly orchestrating a $2.4 billion global Ponzi scheme, the Justice Department said Friday. Satish Kumbhani, 36, is accused ...

SAN DIEGO (CNS) — A grand jury indictment was returned Friday charging the founder of cryptocurrency company BitConnect with federal crimes for his role in allegedly defrauding investors out of more ...

The Department of Justice charged Satish Kumbhani with conspiracy to commit fraud and misleading investors in the latest crypto crackdown. A federal grand jury indicted the founder of a cryptocurrency ...

Glenn Arcaro of Los Angeles pleaded guilty Sept. 1 in federal court for his participation in a massive conspiracy involving BitConnect, a cryptocurrency investment scheme, which defrauded investors ...

A San Diego-based federal grand jury charged Kumbhani for orchestrating an alleged Ponzi scheme via BitConnect’s “Lending Program” among other allegations. The founder of the infamous crypto exchange ...

A federal grand jury in San Diego indicted the founder of BitConnect for allegedly orchestrating a $2.4 billion global Ponzi scheme, the Justice Department said Friday. A federal grand jury in San ...

UPDATE (March 1, 19:50 UTC): Corrects headline and first paragraph to say that Satish Kumbhani was indicted, not convicted, regarding a Ponzi scheme. BitConnect founder Satish Kumbhani is nowhere to ...