- Written by: Mark Brennan
- Thu, 02 Sep 2021
- United States
BitConnect was a cryptocurrency lending platform. Which was viewed by many, including the SEC as a Ponzi scheme. On Wednesday, the Securities and exchange commission of United States (SEC) sued BitConnect founder for allegedly stealing approximately $2 billion from retail investors. The SEC brought up a civil case in May. It accused BitConnect founder Satish Kumbhani, […] The post SEC Sues Bitconnect And Its Top Executives In $2 Billion Fraud appeared first on The Crypto Basic.