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 XRP Attorney Withdraws From SEC Vs. Ripple Case Following Appointment as New York Chief Counsel July 28, 2023 Bahamian securities regulator slams new FTX CEO over ‘misstatements’ December 14, 2022 Gary Gensler Officially Out: What Does It Mean for Ripple (XRP)? January 21, 2025
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