A BitConnect web developer has been deported from Abu Dhabi at the behest of Indian authorities. Dhavan Mavani (right) had been hiding out in Abu Dhabi following BitConnect’s collapse early last year. According to a July 31st Times of India report, the Crime Investigation Department in Gujurat filed a case against Mavani (right) last July. […]
BitConnect web developer extradited from Abu Dhabi to India Read More »
Although it feels like US authorities are dragging their feet with respect to BitConnect, reports of India confirm the investigation is still very much active. The latest update we’ve got on the FBI’s BitConnect investigation is that two agents recently interrogated Saitsh Kumbhani. Last we heard Kumbhani was still on the run as of September
FBI sends agents to interrogate arrested Indian BitConnect suspect Read More »
Authorities in Surat, Gujurat arrested Rakesh Savani last Friday. Savani is identified as a “Asian region promoter” of BitConnect, the notorious MLM cryptocurrency Ponzi scheme. Following Savani’s arrest, Gujurat authorities managed to seize Rs 19.6 crore worth of properties ($2.6 million USD) and 280 bitcoin. 280 bitcoin was worth around $3 million USD when BitConnect
Another BitConnect promoter arrested in India, 280 BTC & assets seized Read More »
RegalCoin launched in late 2017, at the height of the BitConnect lending Ponzi craze. RegalCoin itself was unremarkable. In our September 2017 review, we noted it was just another BitConnect clone. Turns out this was true beyond the business model, following Indian authorities outing Divyesh Darji in connection to RegalCoin. As with BitConnect, whether Darji
Suspected BitConnect owner also behind RegalCoin Read More »
I feel like BitConnect 2.0 isn’t something I should have to even cover, but here we are. Up until its latest repurposing, the BitConnect 2.0 website domain was used to promote fraudulent Tron DAPP Ponzi schemes (Tron3D being the last I believe). On or around May 17th the domain was repurposed with a BitConnect 2.0
A Ponzi for crypto’s most gullible morons Read More »
Earlier today a man describing himself as an “ordinary white man” opened fire on two New Zealand mosques. As I write this, forty-nine people are dead. The gunman has been identified as Australian citizen Brenton Tarrant. Not only did Tarrant livestream his attack, he also published a 73 page manifesto before his arrest. In the
BitConnect link in Christchurch mosque terrorist attack Read More »
Lost money in BitConnect? Want to get back at Glenn Arcaro, Craig Grant, Trevon James, Crypto Nick, Ryan Hildreth and the rest of the BitConnect gang? Now’s your chance… As part of an ongoing investigation into the BitConnect Ponzi scheme, the FBI is reaching out to victims. What’s particularly interesting about this latest initiative, is it
FBI seeking out BitConnect victims Read More »
An Australian court docket has frozen BitConnect Director John Bigatton’s belongings. Bigatton can be prohibited from fleeing the nation. Along with being a Director of BitConnect Worldwide PLC within the UK, Bigatton was the only real consultant of BitConnect Australia. Bigatton’s asset freeze and journey ban is a part of an ongoing investigation into BitConnect
Court freezes Australian BitConnect scammer’s assets Read More »
