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 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 ...

One of the directors involved in the BitConnect cryptocurrency Ponzi scheme has pleaded guilty to his role in the conspiracy. This week, the US Department of Justice (DoJ) said that Los Angeles ...

SAN DIEGOSAN DIEGO — A Los Angeles man pleaded guilty Wednesday in San Diego federal court to participating in what prosecutors called a “textbook Ponzi scheme” that defrauded cryptocurrency investors ...

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 ...

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 ...

SAN DIEGO (AP) — A Los Angeles man pleaded guilty Wednesday to participating in what prosecutors called a “textbook Ponzi scheme” that defrauded cryptocurrency investors worldwide of more than $2 ...

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 ...

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 ...