The U.S. Securities and Exchange Commission this week announced civil action against defunct cryptocurrency lending platform BitConnect; its founder, Satish Kumbhani; and its top U.S. promoter, Glenn Arcaro; for allegedly defrauding investors out of $2 billion. Experts say between this case and other fraudulent activity, cryptocurrency markets will face continued scrutiny around investor protections, fraud, security and more.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the