WebFeb 27, 2024 · New York CNN — A federal grand jury in San Diego indicted the founder of BitConnect for allegedly orchestrating a $2.4 billion global Ponzi scheme, the Justice Department said Friday. WebSep 16, 2024 · September 16, 2024 — A Los Angeles man was sentenced in federal court today to 38 months in prison for his participation in BitConnect, a massive fraudulent cryptocurrency investment scheme, which defrauded thousands of investors from the United States and abroad.
How BitConnect pulled the biggest exit scheme in …
WebMay 2, 2024 · Some of the largest crypto Ponzis, such as Bitconnect and USI-Tech, collected hundreds of millions of dollars from would-be investors before they collapsed. Alex Saunders, a cryptocurrency commentator and former board member of Blockchain Australia, say the schemes often promise huge returns with low risk. WebFeb 26, 2024 · 26 February 2024, 10:40 GMT+0000 In Brief The mastermind behind a new BitConnect Ponzi scheme was indicted in the U.S. on Feb. 25, 2024. The Ponzi scheme robbed investors of $2.4B. BitConnect has been notorious for scams since 2024. promo how to start a notary business in louisiana
Bitconnect Review: Is it Legit? - 99 Bitcoins
WebFrom approximately January 2024 to January 2024, BitConnect, an unincorporated organization, raised approximately $2 billion by conducting an unregistered offering and … WebBitconnect (also spelled BitConnect and KimConnect; stylized bitconnect, ticker code BCC) was an open-source cryptocurrency in 2016–2024 that was connected with a high-yield investment program, a type of Ponzi scheme. WebSep 16, 2024 · Assistant U. S. Attorneys Carl Brooker, Lisa Sanniti, and Mark Pletcher NEWS RELEASE SUMMARY—September 16, 2024. SAN DIEGO— A Los Angeles man was sentenced in federal court today to 38 months in prison for his participation in BitConnect, a massive fraudulent cryptocurrency investment scheme, which defrauded … how to start a note using valant