SEC Sues now-Defunct BitConnect Founder for $2 Billion Fraud Conducted in 2017-18
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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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Published at Thu, 02 Sep 2021 20:47:42 +0000
