Submitting: SEC sues Satish Kumbhani, the founding father of now-defunct BitConnect, and a promoter over alleged $2B crypto fraud scheme; Kumbhani's location is unknown (Jonathan Stempel/Reuters)

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Jonathan Stempel / Reuters:

Submitting: SEC sues Satish Kumbhani, the founding father of now-defunct BitConnect, and a promoter over alleged $2B crypto fraud scheme; Kumbhani’s location is unknown  —  The highest U.S. securities regulator on Wednesday sued the founding father of the now-defunct cryptocurrency alternate platform BitConnect …



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