DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme Post author:MiamiCrypto Post published:February 26, 2022 Post category:BitConnect / Fraud / Ponzi-scheme / Scams / trading / United States A San Diego-based federal grand jury charged Kumbhani for orchestrating an alleged Ponzi scheme via BitConnect’s “Lending Program” among other allegations. You Might Also Like 3 Reasons Bitcoin’s ATH Looks More Bullish Now Than in April 2021 October 20, 2021 Happy Halloween: The five spookiest stories in crypto in 2022 October 31, 2022 5 charged by DOJ over alleged crypto price manipulation scheme April 25, 2023