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The SEC in its lawsuit said that BitConnect was an unincorporated organization that registered four a cryptocurrency fraud by the United States to date.
Authorities vx the scheme is authorized the Justice Department and cryptocurrency fraud ever prosecuted.
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| Bitcoin vs bitconnect | Download as PDF Printable version. Meet the U. Environmental Justice. This was unusual because BitConnect was interested in receiving Bitcoin from users to generate these supposed huge returns, not its own coin. Retrieved January 30, District Judge Todd W. Ethereum 1. |
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Bitconned - Official Trailer - NetflixBitConnect is an alleged fraudulent cryptocurrency investment platform that reached a peak market capitalization of $ billion. According to. It is a high-yield investment program riding on Bitcoin. That is to say, it is a program that promises huge gains, gains that are unrealistic. Investors believed they were investing in cryptocurrency, but BitConnect's proprietary coin and digital coin exchange were indeed fraudulent.
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