Monthly Archives: September 2021

US SEC charges BitConnect founder Satish Kumbhani with $2 bn cryp

By Jonathan Stempel NEW YORK (Reuters) -The top U.S. securities regulator on Wednesday sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged role in fraudulently raising about $2 billion from thousands of retail investors. Expanding a civil case announced in May, the U.S. Securities and Exchange Commission charged BitConnect founder Satish…