Tag: Bit Connect
Promoter of Crypto Fraud Scheme Forced to Part with $17 Million
A federal judge in the region of San Diego, California has ordered the leader of a crypto fraud scheme to pay as much as $17…
Founder of Crypto Enterprise Bit Connect Charged with Fraud
Satish Kumbhani – the founder of cryptocurrency investment company Bit Connect – has been charged with conspiracy to commit wire fraud and conspiracy to commit…
Bit Connect Exchange Founder Sued by SEC for Allegedly Defrauding Investors
The founder and top executive of Bit Connect – a now extinct cryptocurrency exchange – is being sued by the Securities and Exchange Commission (SEC)…
SEC Seeks Five Men That Allegedly Took Part in Bit Connect Crypto Scam
The Securities and Exchange Commission (SEC) has charged five individuals for allegedly taking part in what has come to be known as the Bit Connect…
