Bitconnect Promoters Sued By The SEC
By The Block Times
About Bitconnect Promoters Sued By The SEC
The $2 Billion Ponzi is Finally Facing Justice.
The SEC's complaint filed in the US District Court for the Southern District of New York alleges Bitconnect used a network of promoters who provided testimonial-style videos on YouTube encouraging retail investors to purchase securities as part of its "lending program", violating US Securities law.
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