bitconnect

Crypto Crooks 4X3
BitConnect Episode 4: Fraud Is a Flat Circle
This week, in the last episode of the season, we look at the methodical, often slow progress of justice, and pull at one final thread: the ominous connections between BitConnect and India’s ruling party, the conservative BJP.
Crypto Crooks 4X3

Crypto Crooks 4X3
BitConnect Episode 3: Technically, You Kind of Lost Your Money
This week, we meet the online influencers who enticed victims into the BitConnect farce, and the pyramid-scheme model that allowed them to make millions doing it.
Crypto Crooks 4X3

Crypto Crooks 4X3
BitConnect Episode 2: Where Is Madeline Bigatton?
This week, we explore the intricate interplay of events that led to BitConnect’s dramatic decline, and the case of the missing woman just left of center of the scheme.
Crypto Crooks 4X3

CDCROP: Justicia - sculpture at justice fountain in Frankfurt City, Germany (Getty Images)
BitConnect’s Victims to Receive $17M in Restitution Seized From Scam’s Promoter
The money will be distributed to approximately 800 victims from over 40 different countries.
CDCROP: Justicia - sculpture at justice fountain in Frankfurt City, Germany (Getty Images)

Crypto Crooks 4X3
BitConnect Episode 1: The Gujarati Connection
This week, we dig into the rise of BitConnect, the strange kidnapping case that ultimately helped unravel the scheme and an important Texas Securities Commission cease and desist order.
Crypto Crooks 4X3

CDCROP: Temple in Pune, India (Anand Dhumal/Pixabay)
BitConnect Founder, Indicted in US Over Missing Bitcoin, Is Now Wanted in India, Too
Satish Kumbhani and six others were named by an unidentified lawyer in a complaint over missing bitcoin.
CDCROP: Temple in Pune, India (Anand Dhumal/Pixabay)

CDCROP: Alex Mashinsky & Carlos Matos (CoinDesk/Bitconnect)
Celsius and BitConnect: Not So Different?
The insolvent crypto lender may not have been as blatantly criminal as the infamous BitConnect pyramid scheme, but the parallels should have drawn more regulatory scrutiny.
CDCROP: Alex Mashinsky & Carlos Matos (CoinDesk/Bitconnect)

(Gregory Varnum/Wikimedia Commons)
BitConnect Founder Indicted in $2.4B Ponzi Scheme Has Disappeared
Attorneys said efforts to locate Satish Kumbhani could remain unfruitful.
(Gregory Varnum/Wikimedia Commons)

(Gregory Varnum/Wikimedia Commons)
US Justice Department Indicts BitConnect Founder
Satish Kumbhani already faced SEC charges for his role in the "global Ponzi scheme."
(Gregory Varnum/Wikimedia Commons)

(Shutterstock)
DOJ to Sell $56M in Crypto Proceeds From BitConnect Fraud Scam
The agency called the liquidation the largest recovery of assets tied to a cryptocurrency fraud to date.
(Shutterstock)