Crypto Adviser Found Guilty for Illegally Promoting BitConnect without License
The Downfall of a crypto Kingpin: A Tale of Unlicensed Advice The digital currency world can often feel like the Wild West, with pioneers and outlaws vying for their piece of digital gold However, the lawmen of this frontier, like the Australian Securities and Investments Commission (ASIC), ensure that order is maintained Their latest crackdown saw John Bigatton, a notable player in the cryptocurrency game, facing the music for offering unlicensed financial advice linked to BitConnect The Beginnings of Trouble In the latter part of 2017 to the dawn of 2018, Bigatton took center stage, hosting seminars and harnessing the power of social media to promote BitConnect coin Launched in 2016, BitConnect promised enticing investment returns, luring in scores of unsuspecting investors...
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