In September 2021 somebody purchased BitConnect’s “bitconnect.co” website domain. They’ve since turned it into a Ponzi factory, and business is booming.
BitConnect @ BehindMLM
Satish Kumbhani has been indicted by a Grand Jury in San Diego. Kumbhani, an Indian national, is the founder of the notorious BitConnect Ponzi scheme.
In April 2020 what was left of the BitConnect class-action was dismissed by a District Court Judge. The dismissal was appealed, resulting in the Eleventh Circuit overturning the decision on February 18th.
The SEC has been unable to locate Craig Grant for service in Jamaica. As an alternative, the regulator now seeks permission to effect service via email and publication.
A supplemental motion filed by the DOJ suggests Michael Noble is facing BitConnect criminal charges.
The SEC has revealed it bungled service on BitConnect defendant Craig Grant.
An SEC filing has revealed BitConnect founder Satish Kumbhani has fled India.
Glenn Arcaro and his company Future Money have settled BitConnect fraud charges with the SEC.
BitConnect defendant Glenn Arcaro’s BitConnect sentencing has been delayed till May 6th, 2022.
A DOJ filing in the SEC’s BitConnect case suggests promoters are facing criminal indictment.