Somebody turned BitConnect’s domain into a Ponzi factory
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
BitConnect’s Satish Kumbhani indicted in the US
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.
BitConnect class-action reversal opens can of worms
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.
SEC moves to serve Craig Grant via email/publication
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.
Michael Noble also likely facing BitConnect criminal charges
A supplemental motion filed by the DOJ suggests Michael Noble is facing BitConnect criminal charges.
SEC bungles service on Craig Grant in Jamaica
The SEC has revealed it bungled service on BitConnect defendant Craig Grant.
BitConnect founder Satish Kumbhani flees India, on the run
An SEC filing has revealed BitConnect founder Satish Kumbhani has fled India.
Glenn Arcaro settles BitConnect fraud with SEC
Glenn Arcaro and his company Future Money have settled BitConnect fraud charges with the SEC.
Glenn Arcaro’s BitConnect sentencing delayed till May 6th, 2022
BitConnect defendant Glenn Arcaro’s BitConnect sentencing has been delayed till May 6th, 2022.
DOJ filing suggests BitConnect promoters facing indictment
A DOJ filing in the SEC’s BitConnect case suggests promoters are facing criminal indictment.
