Bitconnect promoter pleads guilty over Ponzi scheme, as platform faces new SEC charges Post author:MiamiCrypto Post published:September 2, 2021 Post category:BitConnect / Bitconnect promoters / Complaint / Crypto Scams / Glenn Arcaro / Ponzi-scheme / Satish Kumbhani / SEC Former BitConnect promoter Glenn Arcaro has pled guilty to his role in the saga, but the whereabouts of the firm’s founder Satish Kumbhani is unknown. You Might Also Like Chainalysis Reveals $1 Billion in Losses to Approval Phishing Since May 2021: Report December 14, 2023 Attention Binance Users: Massive Malware Dataset Exposes 420,000 Accounts February 4, 2026 SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress: Grayscale CEO January 24, 2023
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