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 Report Shows No Evidence of Special Treatment for BTC Ponzi Scheme Mastermind in Brazilian Jail June 1, 2024 Gary Gensler teases details of SEC’s $5B take from enforcement actions, shades crypto October 26, 2023 Grayscale reports 99% of SEC comment letters support spot Bitcoin ETF June 27, 2022
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