Tag: bitconnect

Sep 28 2021

Top 5 Crypto Scams That made Investors Lose Big!

Scams and hacks are on the rise in the crypto sector. With the way things are going, it is only going to go higher. Crypto exchanges are doing all they can to curb this menace. However, scammers are devising new methods to carry out their malicious activities. Also, the scammers are having a field day with quite a lot of things helping their...

Sep 03 2021

BitConnect Promoter Pleads Guilty In $2 Billion Crypto Scheme

Former director and promoter of the BitConnect Ponzi scheme, Glenn Arcaro, pled guilty on Wednesday in federal court to fraud charges. His participation in a massive conspiracy involving the crypto exchange defrauded investors of over $2 billion. The United States Department of Justice, Southern District of California,...

Sep 02 2021

SEC Indicts BitConnect Founder and Lead US Promoter

The crypto scam defrauded retail investors for more than $2 billion.

Sep 01 2021

Aug 20 2021

SEC Settles Charges against Three BitConnect Promoters

The defendants consented to the judgments without admitting or denying the charges.

Jul 08 2021

US SEC to Settle with BitConnect Promoters

The regulator will impose heavy fines on the promoters of the fraudulent scheme.

May 31 2021

SEC Sues Five Bitconnect Promoters Over $2 Billion Fundraise

The US Securities and Exchange Commission (SEC) has sued five individuals for promoting BitConnect Initial Coin Offerings (ICO) via various mediums that helped the firm raise $2 billion. The five individuals are accused of promoting unregistered security, a common theme among many ICOs from 2017. The chief regulatory body in a Friday briefing mentioned the The post SEC Sues Five Bitconnect Promoters Over...

a16z Eyeing a $2B Bet on Crypto

May 31, 2021 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ Circle announced a $440...

May 28 2021

Nov 18 2020

Alleged Promoter of BitConnect Crypto Scam Charged in Australia

Nov 18 2020 Published at CoinDesk under tags  asic australia bitconnect coinflash crime

The accused faces a maximum prison sentence of 17 years if convicted.

Nov 17 2020

Know a good blog/source that is not listed? Contact us or fill the form below to add one: