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 Coinbase gains legal support as scholars file amicus brief August 13, 2023 Change of Heart: South Korea to Discuss Spot Bitcoin ETFs With US SEC (Report) February 5, 2024 Ripple’s Legal Chief Blasts SEC for Using ‘Fabricated’ Term in Crypto Cases September 3, 2024