Filing: SEC sues Satish Kumbhani, the founder of now-defunct BitConnect, and a promoter over alleged $2B crypto fraud scheme; Kumbhani's location is unknown (Jonathan Stempel/Reuters)



Jonathan Stempel / Reuters:

Filing: SEC sues Satish Kumbhani, the founder of now-defunct BitConnect, and a promoter over alleged $2B crypto fraud scheme; Kumbhani’s location is unknown  —  The top U.S. securities regulator on Wednesday sued the founder of the now-defunct cryptocurrency exchange platform BitConnect …



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