BitConnect Promoter Pleads Guilty in Australia

John Bigatton, a resident of Carss Park, New South Wales, pleaded guilty on Thursday in the Sydney District Court to a charge of providing unlicensed financial services. The charge relates to his promotion of BitConnect, a defunct cryptocurrency platform that offered a high-yield investment program (HYIP). Prosecutors allege that BitConnect operated as a ponzi scheme, […] source: https://coinedition.com/bitconnect-promoter-pleads-guilty-in-australia/