BitConnect
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·32PkyR…a5UmSummary
BitConnect was a cryptocurrency lending platform and exchange that operated from February 2016 until January 2018. It raised an estimated \$2.4 billion from investors worldwide through a fraudulent lending program that falsely claimed to use a proprietary volatility trading bot to generate daily returns of up to 1%. Subsequent U.S. federal investigations confirmed it operated as a classic Ponzi scheme; its founder Satish Kumbhani remains a fugitive as of 2025, while lead U.S. promoter Glenn Arcaro was sentenced to 38 months in federal prison.
Connected Entities
1 entities- + 2 more
Timeline(12 events)
Decision Log
- hash: 85cMcUJ6NvS8kTNXYSTXLMNehqbpWUvxeHxa51qgQTtk
- hash: 7V6xxxmZE2S8cTTXzCzH4dbd5xZoZLJhLcUBfqErkfWE
- hash: G12rWiJUovmdoWLTk1tERJ3bCAN9a6MrZ1GtCnmaDWKH
This investigation is cryptographically anchored to the Solana blockchain (3 events). 14 of 15 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/7/2026, 8:38:26 AM
last updated: 8/8/2026, 12:44:01 AM
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