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Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto Investors

Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto InvestorsThe Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded by the global crypto “Ponzi scheme.” According to U.S. authorities, the scheme reached a market capitalization of $3.4 billion at its peak. The founder and his co-conspirators allegedly obtained about $2.4 billion from investors. Bitconnect’s […]

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US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect

US Charges Indian Citizen in .4 Billion Crypto Ponzi Scheme BitconnectThe founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S. Department of Justice. Bitconnect’s Founder Could Go to Prison for 70 Years The U.S. Department of Justice (DOJ) announced […]

Coinratecap Ends Mining, Set for TGE, Presale