The superior court has reversed a lower court’s decision, making it possible for a class action to proceed against the promoters of one of crypto’s most infamous scams. The 11th Circuit Court of ...

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 ...

John Louis Anthony Bigatton will not be providing financial services in Australia and likely not anywhere else, anytime soon. On Thursday, September 3, 2020, the Australian Securities and Investments ...

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 ...

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 ...

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 ...

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 ...