Arcaro shouldn’t be the one BitConnect bigwig to face penalties for his position within the scheme: BitConnect’s founder, Satish Kumbhani, has been indicted on a number of felony costs, together with conspiracy to commit wire fraud, wire fraud, conspiracy to commit worth manipulation, working an unlicensed cash transmitter and conspiracy to launder funds internationally. Kumbhani was additionally sued individually by the U.S. Securities and Change Fee (SEC) in September 2021.
Indian crypto exchange Wazirx is moving closer to a full relaunch after securing strong creditor backing and awaiting final court...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure U.S. President Donald Trump has dramatically shifted...
Key Takeaways:American Bitcoin, linked to Eric and Donald Trump Jr., is exploring acquisitions in Asia, targeting Japan and Hong Kong.The...
Enjoyed this article? Share it with your friends! Amdax, a digital asset company based in the Netherlands, has announced plans...
The global crypto market bounced back strongly in the second quarter of 2025, but Eastern Europe’s crypto news outlets saw...
