SEC Hits BitConnect Founders, Promoters with Fresh Fraud Wrap
The US Securities and Exchange Commission (SEC) has dredged up the ghost of the discredited crypto scam BitConnect, and will look to prosecute its alleged masterminds for selling fraudulent and unregistered securities – amounting to a total of USD 2bn. The SEC issued a notice explaining that it had “filed an action against BitConnect, an online crypto lending platform,…
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