Home Actualité internationale CM – US judge orders liquidation of $ 56 million worth of cryptos that were seized during BitConnect investigations
Actualité internationale

CM – US judge orders liquidation of $ 56 million worth of cryptos that were seized during BitConnect investigations

BitConnect and its founder Satish Kumbhani were involved in a $ 2 billion scam in which Bitcoin was misused by investors around the world

A judge agreed to a motion by US authorities to liquidate approximately $ 56 million in revenue confiscated from a US promoter from offshore company BitConnect, allegedly one of the biggest scams of all time with cryptocurrencies.

According to the Justice Department, the seizure was the largest single reparation to date after a cryptocurrency fraud in the USA.

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