Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on July 09, 2021, 01:02:03 AM

Title: SEC closes in on settlements with US BitConnect promoters for millions
Post by: newshunter on July 09, 2021, 01:02:03 AM
SEC closes in on settlements with US BitConnect promoters for millions

Four of six U.S.-based promoters of the notorious BitConnect Ponzi scheme have reached settlement agreements with the SEC.


Source: SEC closes in on settlements with US BitConnect promoters for millions (https://cointelegraph.com/news/sec-closes-in-on-settlements-with-us-bitconnect-promoters-for-millions)

Would appreciate your opinion about this
Title: Re: SEC closes in on settlements with US BitConnect promoters for millions
Post by: TomPluz on July 10, 2021, 08:35:35 AM


I have been expecting this settlement with Bitconnect promoters all because these people though they made good money with that ponzi scheme they were not the real perpetrators actually...and just like many of us here they were then just taking advantage of a good opportunity to make some money advertising the said program to the people under their influence. And I am wondering where is the money that is raised in the settlement be ending up with...?