Crypto Fraud victims to receive $17 million in Restitution
After a verdict of the US Court, $17 million will be distributed among 800 fraud victims of the BitConnect Crypto Ponzi Scheme.
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After a verdict of the US Court, $17 million will be distributed among 800 fraud victims of the BitConnect Crypto Ponzi Scheme.
San Diego, CA -- A federal district court has ordered the cryptocurrency company BitConnect to pay out $17 million in restitution to the victims of their crypt
A San Diego federal judge has ordered one of the leaders of an alleged investment fraud scheme involving cryptocurrency to pay more than $17 million in restitution to around 800 victims worldwide.
Glenn Arcaro, ordered to pay restitution, was top U.S. promoter of BitConnect; he's set to serve 3 years in prison for his role in $2.4 billion Ponzi scheme
A California judge has ordered $17 million in restitution to be paid out to hundreds of victims of the BitConnect Ponzi scheme, the infamous globa...