DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme Post author:MiamiCrypto Post published:February 26, 2022 Post category:BitConnect / Fraud / Ponzi-scheme / Scams / trading / United States A San Diego-based federal grand jury charged Kumbhani for orchestrating an alleged Ponzi scheme via BitConnect’s “Lending Program” among other allegations. You Might Also Like Solana, Terra Look Set to Retrace Before Higher Highs April 4, 2022 Trouble in the Bahamas following FTX collapse: Report November 25, 2022 First Republican presidential debate to feature pro-crypto candidates August 22, 2023