BitConnect @ BehindMLM

The Australian Securities and Investments Commission has filed criminal charges against John Louis Anthony Bigatton. Bigatton served as an Australian Director of the infamous BitConnect Ponzi scheme.

John Bigatton, former Bitconnect Australian National Representative, is the subject of an ongoing investigation by the Australian Securities and Investments Commission (ASIC). As part of ASIC’s investigation, Bigatton has been slapped with a seven year financial services ban.

Following two years of mostly inaction, a Florida Judge has dismissed the BitConnect victim class-action lawsuit.

The future of the BitConnect class-action is in question, following a reduction of defendants to just three.

The BitConnect class-action isn’t going to well, following dismissal of the second amended complaint and several defendants.

A Status Report filed in the BitConnect class-action alleges a number of defendants are hiding from the law.

As part of the order dismissing claims against BitConnect class-action defendants Glenn Arcaro, Ryan Maasen and YouTube, a US court has definitively ruled that BitConnect was a securities offering.

Claims against BitConnect class-action defendants Glenn Arcaro, Ryan Maasen and YouTube have been dismissed.

Trevon James has uploaded a new video discussing his part in the ongoing SEC investigation into BitConnect. I’ve given up trying to ascertain whether James is parodying himself as a securities fraud suspect, so the following is reported “as is” with a straight face.

A BitConnect web developer has been deported from Abu Dhabi at the behest of Indian authorities.