Category: Satish Kumbhani

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto Investors

August 20, 2022

The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme.” According to U.S. authorities, the scheme reached a market capitalization of $3.4 billion at its peak. The founder and his co-conspirators allegedly obtained about $2.4 billion from investors. Bitconnect’s…
Read more

Bitconnect promoter pleads guilty over Ponzi scheme, as platform faces new SEC charges

September 2, 2021

Former BitConnect promoter Glenn Arcaro has pled guilty to his role in the saga, but the whereabouts of the firm’s founder Satish Kumbhani is unknown. Former director and promoter of the notorious Bitconnect Ponzi scheme, Glenn Arcaro, has pled guilty to fraud charges related to his role in the now-defunct crypto exchange and lending platform…
Read more

Subscribe to Ƀitsell X

©  2026 Ƀitsell X. Built using WordPress and the Mesmerize Theme