CoinDesk: Is the SEC's Bitconnect Ponzi Scheme Lawsuit the Last From the ICO Boom Era?

  • Saturday, 05 June 2021 17:30
The U.S. Securities and Exchange Commission (SEC) filed charges against five individuals for their alleged involvement in the Bitconnect crypto platform that collapsed in 2018. According to the SEC’s complaint, Bitconnect unlawfully used a network of promoters to offer and sell over $2 billion in unregistered securities. Is this the last of Bitconnect and the shadiness that stemmed from 2017’s ICO boom? “The Hash” panel weighs in.

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