A grand jury indictment was returned Friday charging the founder of cryptocurrency company BitConnect with federal crimes for his role in allegedly defrauding investors out of more than $2 billion, according to the U.S. Attorney's Office in San Diego.
A San Diego, California, federal grand jury on Friday indicted the founder of the defunct crypto marketplace BitConnect for his alleged role in duping investors with an ill-fated $2 billion cryptocurrency "lending program" scheme, the U.S. Department of Justice said.