Welcome to the world of facts and news: BitConnect's Satish Kumbhani charged by US in $2.4 billion Ponzi scam

BitConnect's Satish Kumbhani charged by US in $2.4 billion Ponzi scam

Kumbhani, 36, was charged in San Diego with misleading investors about BitConnect’s purported propriety technology, which falsely promised returns based on phony “volatility software” that tracked cryptocurrency exchange markets, prosecutors said.

from Tech-Economic Times https://ift.tt/GdOc3zT
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