In a menacing turn of events yesterday, Bitcoin investment lending platform BitConnect abruptly announced it is shutting down its lending and exchange services. But while this sudden “curveball ...

Ahh, crypto. We’ve all heard the seductive, utopian platitudes sung by digital currency evangelicals: It’s changing the world (or, as BitConnect guy once put it, “The world is not anymore ...

A federal grand jury in San Diego indicted the founder of BitConnect for allegedly orchestrating a $2.4 billion global Ponzi scheme, the Justice Department said Friday. Satish Kumbhani ...

BitConnect founder Satish Kumbhani was indicted by a U.S. grand jury on charges he orchestrated a global Ponzi scheme that raised $2.4 billion from investors in a fraudulent cryptocurrency ...

Or when BitConnect’s organizers disappeared with ... and maintains a YouTube channel where he’s the same irrepressible guy as ever. He also, for better or worse, has tried to leverage his ...

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 ...

Numerous users complained on social media they couldn't cash out their BCC tokens on BitConnect's site following the shutdown of its lending platform. Updated Sep 13, 2021, 7:23 a.m. Published ...

The final blow has been dealt to notorious BitConnect: it has finally been delisted from the last remaining cryptocurrency exchange that traded it. As announced in August, exchange desk ...

Federal regulators sued five individuals for helping BitConnect, a cryptocurrency exchange platform, raise more than $2 billion from retail investors in an offering that wasn’t registered with ...

Indian authorities seize loot from BitConnect crypto-Ponzi scheme Devices containing crypto wallets tracked online, then in the real world India’s Directorate of Enforcement has found and seized ...

Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it’s shutting down. In a release on its website the ...