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

Jonathan Stempel / Reuters:
Filing: SEC sues Satish Kumbhani, the founder of now-defunct BitConnect, and a promoter over alleged $2B crypto fraud scheme; Kumbhani’s location is unknown  —  The top U.S. securities regulator on Wednesday sued the founder of the now-defunct cryptocurrency exchange platform BitConnect …