RINO - A multi-signature based enterprise wallet, free for first year of use. RINO is the only enterprise wallet for Monero that has multi-signature security. Designed for teams and organizations, RINO provides features such as spending limits and four-eye approvals. Monero is the number one privacy-focused cryptocurrency in the world. While Bitcoin and Ethereum reveal every transaction to the world, Monero’s unique cryptography provides the privacy that traditional pre-crypto finance takes for granted. Businesses do not, in general, want…
BitConnect
BitConnect Ponzi Victims to Receive $17 Million Restitution
Victims of the infamous BitConnect Ponzi scheme in 2017 are due to receive net restitution worth $17 million, according to a statement from the Department of Justice (DOJ) on Thursday. According to the DOJ’s statement, a federal district judge in San Diego ordered that the funds be distributed to 800 victims of the scam across 40 countries. The department described BitConnect as “a textbook Ponzi scheme” that paid earlier investors with money from newer investors. BitConnect’s top promoter Glenn Arcaro…
11 months ago 
1.2 k views
BitConnect Founder Faces Indictment Over Alleged $2.4B Fraud
BitConnect founder Satish Kumbhani has been officially charged with defrauding investors on the crypto platform of about $2.4 billion, via an elaborate Ponzi scheme. Kumbhani’s Charges The US Department of Justice shared the details of his charges after a federal grand jury indicted Kumbhani. According to the official documents, Kumbhani’s allegations include working with co-conspirators to commit wire fraud. Additionally, the authorities charged him with conspiracy to commit market manipulation and for providing unlicensed money transfer services. The grand jury’s…
2 years ago 1.7 k views
