DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme

DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme

The founder of the infamous crypto exchange BitConnect, Satish Kumbhani, has been charged for allegedly misleading investors globally and defrauding them of $2.4 billion in the process. According to the Department of Justice (DOJ), a San Diego-based federal grand jury specifically charged Kumbhani for orchestrating the alleged Ponzi scheme via BitConnect’s “Lending Program”: “BitConnect operated…

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NBA Star John Wall Announces NFT Project To Raise Awareness For Youth Sports – Baby Ballers – BTCHeights

NBA Star John Wall Announces NFT Project To Raise Awareness For Youth Sports – Baby Ballers – BTCHeights

The latest celebrity athlete to enter the NFT space is NBA star, John Wall with his ground-breaking project Baby Ballers. We’ve seen the likes of Tom Brady, Steph Curry, Odell Beckham Jr., and others enter the crypto and NFT space of late. Some have decided to create their own NFT platforms/ projects while others have…

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Robinhood explores acquisitions to expand prediction markets business

Robinhood’s Acquisition Strategy for Prediction Markets Robinhood is actively looking at potential acquisition targets to strengthen its position in the prediction markets space. The retail trading platform has been having discussions about partnerships and possible deals that could help it build out this part of its business. This move seems to align with Robinhood’s broader…

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