India’s law enforcement has arrested a man suspected of kidnapping two people connected to a once well-known crypto “Ponzi” in an attempt to “recover his investment.” In an Aug. 17 statement, the ...

Indian authorities have seized nearly $190 million in cryptocurrency linked to the BitConnect Ponzi scheme, which collapsed in 2018. The Enforcement Directorate (ED) in Ahmedabad conducted raids on ...

The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts. An Australian man has ...

BitConnect founder Satish Kumbhani has been indicted by a San Diego jury for allegedly orchestrating a global cryptocurrency Ponzi scheme that involved approximately $2.4 billion taken from investors.

(Reuters) - The Sydney District Court has convicted John Bigatton, the Australian promoter of the now-defunct cryptocurrency exchange platform BitConnect, of providing unlicenced financial advice, the ...

Indian police are hunting down a suspected crypto scammer who went on the run earlier this week, just months after being arrested for fraud in connection with BitConnect. Divyesh Darji, who was ...

Get the latest federal technology news delivered to your inbox. A federal grand jury indicted the founder of a cryptocurrency investment and trading platform on charges related to fraud and creating a ...

This week, we dig into the rise of BitConnect, the strange kidnapping case that ultimately helped unravel the scheme and an important Texas Securities Commission cease and desist order. Listen or ...

The Sydney District Court has convicted the man behind the promotion of the now-defunct crypto exchange platform BitConnect. According to the nation's corporate regulator, he was accused of providing ...

The United States has indicted the founder of open-source cryptocurrency BitConnect for allegedly orchestrating a multi-billion-dollar global Ponzi scheme. An indictment, returned by a federal grand ...

UPDATE (March 1, 19:50 UTC): Corrects headline and first paragraph to say that Satish Kumbhani was indicted, not convicted, regarding a Ponzi scheme. BitConnect founder Satish Kumbhani is nowhere to ...