Bitconnect

BitConnect’s Kumbhani Goes Missing Following $2.4B Indictment

BitConnect’s Kumbhani Goes Missing Following $2.4B Indictment
BitConnect’s Kumbhani Goes Missing Following $2.4B Indictment
March 01, 2022  |  Legal

Just days after a federal grand jury handed down a $2.4 billion indictment of operating a global Ponzi scheme, BitConnect founder Satish Kumbhani, 36, has...

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BitConnect Fraud Indictment Highlights the ICO Era Driving Crypto Enforcement Today
BitConnect Fraud Indictment Highlights the ICO Era Driving Crypto Enforcement Today
February 28, 2022  |  Security & Fraud

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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US Liquidating $56M in BitConnect Fraud Case
US Liquidating $56M in BitConnect Fraud Case
November 17, 2021  |  Security & Fraud

The U.S. Justice Department is set to begin liquidating roughly $56 million in fraud proceeds seized during its investigation into the cryptocurrency BitConnect. Get the...

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Bitcoin Daily: Bitcoin Climbs Above $18K; Liquid Reports Hack On Infrastructure; ASIC Charges Promoter In BitConnect Crypto Scheme
Bitcoin Daily: Bitcoin Climbs Above $18K; Liquid Reports Hack On Infrastructure; ASIC Charges Promoter In...
November 18, 2020  |  Bitcoin

Bitcoin has continued to rise, hitting $18,172 Wednesday morning (Nov. 18), the first time the cryptocurrency has climbed above $18,000 since December 2017, CNBC reported....

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Bitcoin Daily: Katy Perry Has Great Crypto Taste; BitConnect Hit With Lawsuit
Bitcoin Daily: Katy Perry Has Great Crypto Taste; BitConnect Hit With Lawsuit
January 26, 2018  |  Bitcoin

After the Nordea Bank AB decided to ban employees from trading bitcoin, unions are questioning if the policy is legal, Bloomberg reported. But Per Bolund,...

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Bitcoin Daily: Bitcoin Crashes, Tether Rises
Bitcoin Daily: Bitcoin Crashes, Tether Rises
January 18, 2018  |  Bitcoin

As bitcoin crashed Wednesday, one cryptocurrency remained surprisingly stable. Tether prices have stayed steady since Tuesday, after reaching an all-time high of $1.07 (£0.78) just...

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