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 Law Decoded: Making sense of mixed signals, Dec. 13–20 December 20, 2021 Troubled miner returns 26,000 rigs to eliminate debt August 17, 2022 Important Ripple (XRP) Update for 2024 September 9, 2024