Arcaro is not the only BitConnect bigwig to face consequences for his role in the scheme: BitConnect’s founder, Satish Kumbhani, has been indicted on a host of felony charges, including conspiracy to commit wire fraud, wire fraud, conspiracy to commit price manipulation, operating an unlicensed money transmitter and conspiracy to launder funds internationally. Kumbhani was also sued separately by the U.S. Securities and Exchange Commission (SEC) in September 2021.
Wolverine-Themed Meme Coins Flood Market Following Cryptic Post by Keith Gill
TheRoaringKitty's return potentially brings a new narrative to meme coin trading. The immediate rise in X-Men characters and meme coins...