Bitconnect Faces Lawsuit for Operating “Wide-Reaching Ponzi Scheme”

Bitconnect is facing litigation from six individuals accusing the company of operating a Ponzi scheme in addition to numerous violations of securities laws. The six plaintiffs collectively invested approximately $771,000 USD into Bitconnect, and are seeking recourse following the sudden removal of the company’s lending platform that immediately led to a more than 90% loss […]

Bitconnect Faces Lawsuit for Operating “Wide-Reaching Ponzi Scheme” is courtesy of: https://www.justbitcoinnews.com

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