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Indian police launch probe into BitConnect founder wanted by US SEC

Published 08/17/2022, 09:32 AM
Updated 08/17/2022, 11:20 AM
Indian police launch probe into BitConnect founder wanted by US SEC

The saga of BitConnect, a major cryptocurrency scam scheme, is taking another twist as one of the BitConnect co-founders is now wanted by the Indian state police.

Satish Kumbhani, an Indian national and the alleged founder of the crypto Ponzi scheme BitConnect, reportedly became subject to a new police investigation in India, The Indian Express reported on Wednesday.

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