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 Are XRP Whales Positioning for the End of the Ripple vs. SEC Lawsuit? March 16, 2025 Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors August 17, 2022 SEC’s Gary Gensler takes another swipe at crypto in educational video April 28, 2023
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