Back in October of last year, Carlos Matos was one of dozens of investors in the cryptocurrency Bitconnect invited on stage at the company’s First Annual Ceremony in Thailand. There he delivered a ...

U.S. law enforcement authorities will start liquidating roughly $57 million worth of cryptocurrency seized from the now-defunct BitConnect crypto exchange to provide some restitution to defrauded ...

Over the past few days, I’ve been revisiting the story of the massive 2016-2018 crypto scam BitConnect for an upcoming project. One of my surprising takeaways is that, though BitConnect was a shady ...

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 ...

BitConnect's founder was indicted by a federal grand jury for orchestrating a $2.4 billion cryptocurrency Ponzi scheme, the U.S. Justice Department said. Satish Kumbhani, 36, of Hemal, India, the ...

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 ...

One of the directors involved in the BitConnect cryptocurrency Ponzi scheme has pleaded guilty to his role in the conspiracy. This week, the US Department of Justice (DoJ) said that Los Angeles ...

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.