SEC fees BitConnect founder with $2B rip-off as promoter pleads guilty
BitConnect charges

SEC fees BitConnect founder with $2B rip-off as promoter pleads guilty

Home » Business » SEC charges BitConnect founder with $2B scam as promoter pleads guilty The U.S. Securities and Exchange Commission (SEC) has filed new charges against the founder and promoters of BitConnect, one of the digital currency industry’s largest scams to date. BitConnect founder Satish Kumbhani and the exchange’s lead U.S. promoter Glen Arcaro…

BitConnect promoters enter $3.7M and 190 BTC settlement with SEC
BitConnect promoters

BitConnect promoters enter $3.7M and 190 BTC settlement with SEC

Home » Business » BitConnect promoters enter $3.7M and 190 BTC settlement with SEC The U.S. Securities and Exchange Commission (SEC) has entered a settlement with two alleged promoters of the multi-billion dollar BTC scam BitConnect. The two consented to paying over $3.7 million in disgorgement and prejudgment interest. They are also to forfeit 190…