SEC Sues now-Defunct BitConnect Founder for $2 Billion Fraud Conducted in 2017-18

https://bitcoinexchangeguide.com/sec-sues-now-defunct-bitconnect-founder-for-2-billion-fraud-conducted-in-2017-18/
The US Securities and Exchange Commission (SEC) has sued the founder of now-defunct cryptocurrency exchange BitConnect over its alleged role in fraudulently raising about $2 billion from thousands of retail investors from early 2017 through January 2018 without properly registering with regulators. Founded in 2016, BitConnect launched a digital token called BitConnect Coin that can […]
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