BitConnect US promoter sentenced to 38 months in jail
The top North American promoter of the BitConnect cryptocurrency investment platform was sentenced to 38 months in prison for running a $2.4 billion Ponzi scheme that defrauded at least 4,500 people from 95 countries.
Glenn Arcaro, 45, was...
Founder of R37 billion Bitconnect Ponzi scheme vanished
BitConnect founder Satish Kumbhani, charged in the U.S. last week with a $2.4 billion Ponzi scheme, has vanished from his native India, officials told a New York judge.
In September, before the criminal charges were filed, the U.S...
Not sure if anyone have been watching BitConnect yet.. it is currently ranked 13th on the CryptoCurrency list and has started beginning of this year and the value has been a few cents then... it's been climbing all the way to $111 at this very moment.. and have a market cap of $714,136,108...