BitConnect’s Indian founder got charged in a $2.4 billion crypto scheme according to the reports from the federal grand jury in San Diego show so let’s read more today in our latest cryptocurrency news. The broad indictment claims that he cheated investors out of $2.4 billion in a Ponzi scam. The prosecutors said that the […]

The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S. Department of Justice. Bitconnect’s Founder Could Go to Prison for 70 Years The U.S. Department of Justice […]

Election officials preparing for this year’s midterms have yet another security concern to add to an already long list that includes death threats, disinformation, ransomware and cyberattacks — threats from within.

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The US Department of Justice (DOJ) today announced that Satish Kumbhani, the founder of the $2.4 billion crypto scam BitConnect, has been indicted.

A San Diego-based federal grand jury charged Kumbhani for orchestrating an alleged Ponzi scheme via BitConnect’s “Lending Program” among other allegations.

Satish Kumbhani remains at large, according to the Department of Justice.

A federal grand jury has indicted BitConnect founder Satish Kumbhani with allegedly defrauding $2.4 billion through the crypto Ponzi scheme.

The post BitConnect founder indicted for alleged $2.4 billion Ponzi scheme appeared first on The Block.

Bitcoin and Altcoin Transactions are usually anonymous and untraceable. As a result, it is generally easier to carry out shady deals with crypto knowing that the perpetrator might succeed without detection. Related Reading | Binance Bitcoin Open Interest Surges Despite Legal Scrutiny However, this is not the case for Hisham Chaudhary, of Leicestershire, United Kingdom. He […]

As the Deep State lodged its final and fruitless bid to eliminate Donald Trump by convening a bogus Grand Jury to hear fabricated evidence of non-existent tax fraud, the United States military arrested yet another Deep State asset who had eluded justice for far too long. On Monday morning, U.S. […]

The post Military Arrests Adam Schiff appeared first on Cyber Flows.

If investigators ever indict Donald Trump, Florida might offer him protection from arrest. According to an item in Politico’s Playbook this morning, Florida has an obscure law that “gives Gov. Ron DeSantis the ability to intervene and even investigate whether an indicted “person ought to be surrendered” to law enforcement […]

The post Palm Beach planning for possibility of Trump indictment appeared first on Cyber Flows.

TL:DR Breakdown: US Navy couple has been charged for allegedly selling stolen IDs for Bitcoin. The prosecutors said they generated over $160,000 through the sale of the information. A federal grand jury in Fresno, California, has reportedly charged a US Navy couple for allegedly stealing and selling the identities of about 9,000 people in exchange […]

The five Chinese nationals are among seven defendants arrested for intrusion campaigns into more than 100 organizations, the DoJ reports.Five members of APT41,...