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 Social Engineering Scams Hit Coinbase Users Hard: $65M Stolen, Actual Losses Likely Higher February 5, 2025 Can Ripple (XRP) Lose Against the SEC? Lawyers Debate Following LBRY Lawsuit Judgment July 13, 2023 Dydx Protocol Unlocks Airdrop Rewards; Users Get up to $50K September 9, 2021
Social Engineering Scams Hit Coinbase Users Hard: $65M Stolen, Actual Losses Likely Higher February 5, 2025