Bitconnect
BitConnect’s Top US Promoter Pleads Guilty to Fraud Charge
Glenn Arcaro faces up to 20 years in prison for his role in the alleged $2 billion Ponzi scheme.
SEC Sues BitConnect Founder on Fraud Charges
CoinDesk's Nikhilesh De discusses the specifics and implications of the U.S. Securities and Exchange Commission (SEC) filing charges against BitConnect and its founder Satish Kumbhani and a U.S.-based promoter, Glenn Arcaro, alleging fraud worth $2 billion against the crypto lending company. Plus, reactions to CFTC Chair Chris Giancarlo, aka “Crypto Dad,” quitting BlockFi's board after just four months on the job and Binance.US reportedly going public in three years.
SEC Secures Judgments Against 3 in Bitconnect Scam
One individual must pay more than $3 million and hand over a wallet containing 190 bitcoins.
The Lesson of Bitconnect: Promoters Can Be Liable
The SEC has filed charges against five promoters of the alleged crypto fraud. It's a chance to learn from the mistakes of Trevon James and Co.
Is the SEC's Bitconnect Ponzi Scheme Lawsuit the Last From the ICO Boom Era?
The U.S. Securities and Exchange Commission (SEC) filed charges against five individuals for their alleged involvement in the Bitconnect crypto platform that collapsed in 2018. According to the SEC’s complaint, Bitconnect unlawfully used a network of promoters to offer and sell over $2 billion in unregistered securities. Is this the last of Bitconnect and the shadiness that stemmed from 2017’s ICO boom? “The Hash” panel weighs in.
SEC Sues 5 Over Bitconnect Ponzi Case
The SEC has filed a complaint against five Bitconnect promoters over $2 billion in unregistered assets. Lisa Braganca, attorney and former SEC branch chief, joins "First Mover" and explains the 2018 downfall of Bitconnect and whether the defendants' actions constitute a Ponzi scheme.
SEC Sues 5 Over $2B Bitconnect Ponzi
Bitconnect collapsed in 2018 after state regulators in Texas and North Carolina filed cease-and-desist letters against its lending and exchange platform.
Alleged Promoter of BitConnect Crypto Scam Charged in Australia
The accused faces a lengthy prison sentence if convicted.
Australian Financial Watchdog Bans Local BitConnect Promoter for 7 Years
The Australian man was banned from working in financial services by the Australian Securities and Investment Commission.
BitConnect Promoter Wanted Over Another Alleged Crypto Scam
A promoter of the now-shuttered crypto fraud BitConnect has again been charged over a different claimed cryptocurrency scam.
