SEC v. BitConnect et al: Complaint

Complaint alleging a securities fraud “that ultimately succeeded in obtaining more than 325,000 Bitcoin, or approximately $2 billion, from investors worldwide” in U. S. Securities and Exchange Commission v. BitConnect, described as “an unincorporated organization”; Satish Kumbhani, described as a citizen and resident of India; Glenn Arcaro, described as a citizen of the United States residing in California, and Future Money Ltd., of Hong Kong, at the U. S. District Court for the Southern District of New York.

  • 49
    September 01, 2021
    BitConnect, Satish Kumbhani, Glenn Arcaro, Future Money Ltd.
    U. S. Securities and Exchange Commission
    Xx Xx Xx
    Fraud, Unlicensed Activity