Glenn Arcaro
Associated companies: BitConnect
85Scam score
$2000.0MDocumented losses
197,951Reported victims
Profile
Glenn Arcaro was a prominent promoter of BitConnect, a cryptocurrency lending platform that operated as a Ponzi scheme. He actively promoted the fraudulent investment scheme that ultimately collapsed, causing billions in losses to investors worldwide.
Timeline
- 2016Began promoting BitConnect cryptocurrency lending platform
- 2018-01BitConnect platform collapsed amid regulatory pressure
- 2021Legal proceedings initiated related to BitConnect promotion
- 2023$56 million in cryptocurrency assets from Arcaro were liquidated
Frequently Asked Questions
- Who is Glenn Arcaro?
- Glenn Arcaro was a prominent promoter of BitConnect, a cryptocurrency lending platform that operated as a Ponzi scheme. He actively promoted the fraudulent investment scheme that ultimately collapsed, causing billions in losses to investors worldwide.
- What is Glenn Arcaro's fraud risk rating?
- Glenn Arcaro has a scam score of 85/100 (critical risk) based on open-source intelligence, regulatory records, and investigative reporting aggregated by ScamTelegraph.
- What companies is Glenn Arcaro associated with?
- Glenn Arcaro is associated with the following companies or entities: BitConnect.
- How many investigations mention Glenn Arcaro?
- ScamTelegraph has published 50 investigative articles mentioning Glenn Arcaro, including: Desperation drives Herbalife affiliate to death threats?; Aiscend sees Dan Putnam violate SEC fraud injunction?; AiConnects Review: AIC token “staking” model Ponzi.
Coverage on ScamTelegraph
- Desperation drives Herbalife affiliate to death threats?
- Aiscend sees Dan Putnam violate SEC fraud injunction?
- AiConnects Review: AIC token “staking” model Ponzi
- $33.8 million recovered from Zeek Ponzi net-winners to date (45.4%)
- 7Gain Review: $20 tri-monthly subscription fees
- 62 BitConnect facts from Craig Grant’s Glenn Arcaro data dump
- Affiliates self-funding commission qualification = pyramid?
- $1000 bounty offered for Glenn Arcaro and CryptoNick’s whereabouts
- 29,000 TelexFree victims have still not filed payment info
- $56 million in crypto from BitConnect’s Glenn Arcaro sold off
- AIM Global scammers arrested in Uganda for taking hostages
- 800 BitConnect victims to receive $17 million in restitution
- 2×8 Rocket Review: Eight-tier bitcoin cash gifting
- ACN halts recruitment in Europe (we don’t know why)
- 2×5 Global Help Review: 2×5 matrix bitcoin gifting
- 3pexcel Review: Discount card cycler pyramid scheme
- Akashx: My Daily Choice’s “social trading” securities fraud
- 5 new motions for default in Traffic Monsoon clawback suit
- $39.1 million returned to Zhunrize Ponzi victims
- 1044Pro Review: Forced purchase Karbolyn energy bars
- ACCC Lyoness case update: Discovery & June hearing
- $90,000 secret backroom affiliate deals @ Jeunesse (lawsuit)
- Bitcoin Economy Review: Bitcoin made simple?
- CyberWealth 7 Review: Anti-keylogging and cloud storage
- One Thor Review: Chinese backed TelexFree clone?
- Empower Network battles affiliates over compliance
- Zeek Rewards compliance, tax and marketing issues
- [France] Fake dog breeder on Tiktok, stealing my mother's videos and scamming people
- iGenius’ CoinPro now “powered by 3Commas”
- Traffic Monsoon victims given another 60 days to file claim info
- USI-Tech’s Horst Jicha on the run, now a fugitive
- BitConnect’s Glenn Arcaro wants to change his name
- Trevon James & Craig Brown facing BitConnect default judgments
- Sabify Review: AI trading ruse MLM crypto Ponzi
- Sam Lee claims victims “lied to regulators” after indictment
- OneCoin’s Mark Scott denied motion for new trial
- SEC secures judgment against Nasgo’s Maurice Chelliah
- Ryan Ginster pleads guilty to wire fraud, faces 20 yrs in prison
- Glenn Arcaro’s BitConnect CA Supreme Court writ denied
- My BlockX US bagholders offloading BLKX onto Colombians
- BitConnect’s Glenn Arcaro sentenced to 38 months in prison
- Settlement unlikely in BitConnect class-action
- BitConnect’s Satish Kumbhani indicted in the US
- BitConnect class-action reversal opens can of worms
- Michael Noble also likely facing BitConnect criminal charges
- Digital Partners Network claims Crowd1 ties are defamatory
- OneCoin reveals new CEO, Ventsislav Zlatkov
- Glenn Arcaro settles BitConnect fraud with SEC
- Glenn Arcaro’s BitConnect sentencing delayed till May 6th, 2022
- DOJ files charges against Ryan Ginster over MLM crypto fraud