DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme (Cointelegraph)

Originally published at: https://www.channel-sea.cc/doj-indicts-bitconnects-indian-founder-for-2-4b-crypto-ponzi-scheme-cointelegraph/

A San Diego-based federal grand jury charged Kumbhani for orchestrating an alleged Ponzi scheme via BitConnect’s “Lending Program” among other allegations.