bitconnect

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)

(Kevin Dietsch/Getty Images)
BitConnect’s Top US Promoter Pleads Guilty to Fraud Charge
Glenn Arcaro faces up to 20 years in prison for his role in the alleged $2 billion Ponzi scheme.
(Kevin Dietsch/Getty Images)

SEC, Securities and Exchange Commission
SEC Secures Judgments Against 3 in Bitconnect Scam
One individual must pay more than $3 million and hand over a wallet containing 190 bitcoins.
SEC, Securities and Exchange Commission

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The Lesson of Bitconnect: Promoters Can Be Liable
The SEC has filed charges against five promoters of the alleged crypto fraud. It's a chance to learn from the mistakes of Trevon James and Co.
Screen Shot 2021-06-02 at 9.43.08 AM

SEC building
SEC Sues 5 Over $2B Bitconnect Ponzi
Bitconnect collapsed in 2018 after state regulators in Texas and North Carolina filed cease-and-desist letters against its lending and exchange platform.
SEC building

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Alleged Promoter of BitConnect Crypto Scam Charged in Australia
The accused faces a lengthy prison sentence if convicted.
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