Bitconnect promoter pleads guilty over Ponzi scheme, as platform
Bitconnect promoter pleads guilty over Ponzi scheme, as platform faces new SEC charges
Former director and promoter of the notorious Bitconnect Ponzi scheme, Glenn Arcaro, has pled guilty to fraud charges related to his role in the now-defunct crypto exchange and lending platform
He has been ordered to pay back $24 million to investors.
‘Fraudulent marketing’
New SEC charges
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