Tags : Promoters


Bitcoin

BitConnect Promoters Pay $12M in Money, Bitcoin to Settle $2B

In short The SEC has reached a settlement with among the promoters behind BitConnect, an alleged cryptocurrency funding rip-off. BitConnect reportedly raised some $2 billion by promoting tokens, which had been later deemed to be illegally unregistered securities. BitConnect is without doubt one of the most well-known alleged scams within the historical past of cryptocurrency, […]Read More

Cryptocurrency

SEC Expenses BitConnect Promoters Over $2 Billion Token Sale

The US Securities and Change Fee (SEC) at this time filed prices in opposition to 5 individuals who allegedly promoted BitConnect, a supposed cryptocurrency-investment program that bore the hallmarks of a Ponzi scheme. The SEC contends BitConnect was a worldwide unregistered digital asset securities providing. This system, the SEC mentioned, raised over $2 billion from retail […]Read More