US SEC charges BitConnect founder with US$2 billion cryptocurrency fraud

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US SEC charges BitConnect founder with US$2 billion cryptocurrency fraud

Impacting thousands of retail investors.

The top US securities regulator has sued the founder of the now-defunct cryptocurrency exchange platform BitConnect over his alleged role in fraudulently raising about US$2 billion (A$2.7 billion) from thousands of retail investors. Expanding a civil case announced in May, the US Securities and ...

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