Bitconnect

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...

READ MORE >
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

A federal grand jury in San Diego indicted the founder of the BitConnect crypto investment platform on a variety of fraud, unlicensed money transmitting and...

READ MORE >
Today in Crypto: Ukraine Gets $10M in Crypto Donations; US DOJ Charges BitConnect Founder in Connection to $2.4B Scam
Today in Crypto: Ukraine Gets $10M in Crypto Donations; US DOJ Charges BitConnect Founder in...
February 27, 2022  |  Cryptocurrency

The swift recovery of bitcoin from its lows has seen some investors happy for a potential rebound, CoinDesk reported Friday (Feb. 25). According to the...

READ MORE >
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. According to...

READ MORE >
BitConnect Exec Admits to Role in Alleged $2B Crypto Fraud
BitConnect Exec Admits to Role in Alleged $2B Crypto Fraud
September 01, 2021  |  Security & Fraud

The director and promoter of online crypto lending platform BitConnect has pleaded guilty for his part in allegedly defrauding retail investors of more than $2...

READ MORE >
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....

READ MORE >
Bitcoin Daily: FBI Searches For BitConnect Victims; Commerzbank Completes Blockchain Test
Bitcoin Daily: FBI Searches For BitConnect Victims; Commerzbank Completes Blockchain Test
February 24, 2019  |  Bitcoin

Japanese internet giant Recruit Holdings launched a $25 million blockchain fund, which closed in November and only became public after the company revealed an investment in...

READ MORE >
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,...

READ MORE >
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...

READ MORE >