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MarkRoberts
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U.S SEC Sues 5 Over $2B Bitconnect Ponzi Scheme

Mon Jun 07, 2021 9:55 am

The U.S Securities and Exchange Commission (SEC) stated today that it has filed an action against five people for allegedly promoting BitConnect, an unregistered digital asset securities offering. The scheme is estimated to have generated more than $2 billion from retail investors.

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