US federal judge has given the U.S. Department of Justice (DOJ) the permission to liquidate approximately $56 million in crypto proceeds which were seized from BitConnect's Glenn Arcaro. Back in September, the US Securities and Exchange Commission (SEC) filed charges against BitConnect's founder, Satish Kumbhani, and its lead promoter in US, Glenn Arcaro, 44. Being the lead promoter of BitConnect, which is a Ponzi scheme crypto platform that defrauded thousands ...