The DOJ's filings indicate that the project's founders diverted the funds and began operating a "textbook Ponzi scheme by paying...
Satish Kumbhani, co-founder of BitConnect, plunged into deeper trouble as Indian police put him under investigation over a $2.4 billion...
The U.S. securities regulator says Satish Kumbhani can’t be located and has likely relocated from his homeland India to an...
A San Diego court charged Satish Kumbhani with wire fraud, conspiracy to commit commodity price manipulation, and international money laundering.
The stash was seized from the “number one promoter” of the $2B BitConnect scam and is the largest single recovery...
The securities regulator has levied a new action against BitConnect founder Satish Kumbhani and the lead U.S. promoter after they...