BitConnect's founder was indicted by a federal grand jury for orchestrating a $2.4 billion cryptocurrency Ponzi scheme, the U.S. Justice Department said. Satish Kumbhani, 36, of Hemal, India, the ...

Former BitConnect promoter Glenn Arcaro has pled guilty to his role in the saga, but the whereabouts of the firm’s founder, Satish Kumbhani, are unknown. Glenn Arcaro, former director and promoter of ...

SEC officials do not know the whereabouts of Satish Kumbhani, the founder of crypto trading platform BitConnect, who was charged last week with defrauding investors of $2.4 billion in a Ponzi scheme.

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. Listen or ...

A grand jury in the U.S’ San Diego has indicted BitConnect founder, Satish Kumbhani, for ‘orchestrating’ a global crypto ponzi scheme worth $2.4 Bn. Kumbhani has also been charged with conspiracy to ...