Five people. Almost $60 billion of other people’s money. Here is what each of them actually did. 5. Satish Kumbhani, BitConnect, $2.4 billion BitConnect promised up to 40% a month from a “trading bot”. In reality new deposits paid old investors. It collapsed in January 2018. In 2022 the US charged Kumbhani with fraud. He has never been caught. 4. Ruja Ignatova, OneCoin, over $4 billion She sold OneCoin as the “Bitcoin killer”. It had no real blockchain, the price was simply set by the company. In October 2017 she boarded a flight from Sofia to Athens and disappeared. She is on the FBI’s Ten Most Wanted list. 3. Alex Mashinsky, Celsius, $4.7 billion His slogan was “Banks are not your friends”. Celsius paid up to 18% a year on deposits. In June 2022 it froze all withdrawals and hundreds o
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