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 US National Debt Hits Record $35 Trillion, Can a Bitcoin Reserve Strategy Help? July 30, 2024 FDIC bidding for Silicon Valley Bank is in progress: Report March 12, 2023 Polymarket Bettor to Earn $29M as Trump Declares Victory November 6, 2024