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 Atlanta Film Producer Pleads Guilty to $2.5M Crypto Fraud July 24, 2022 The Most Outrageous Ripple (XRP) Price Predictions October 7, 2023 Tesla reports $64M profit from Bitcoin sale July 25, 2022