After three years and countless unforgettable memes, the SEC has accused five people of illegally promoting the Bitconnect Ponzi scam.

The SEC charged BitConnect promoters that promoted the platform as an unregistered digital securities offering as we can see more in our latest crypto news today. The US SEC charged BitConnect promoters who allegedly promoted the platform as a crypto investment program that showed signs of a Ponzi scheme. The SEC contends that BitConnect was […]

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Earlier this year, Wisdomtree filed an application for Ethereum ETF (exchange-traded fund).with the Securities and Exchange Commission (SEC)

A Securities and Exchange Commission (SEC) civil lawsuit has been filed against five individuals allegedly involved in promoting BitConnect’s “lending program.” BitConnect shut down its main lending platform operations in 2018 after regulatory warnings and allegations of fraud. In a press release issued today on the SEC website, the financial regulator alleges that the individuals contributed to […]

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Asset manager Wisdomtree has filed for an Ethereum exchange-traded fund (ETF), as the Securities and Exchange Commission continues to mull over its Bitcoin ETF application from earlier this year.  The move comes amid Ethereum’s growing popularity. With Ethereum having a far greater use-case compared to its older, larger counterpart in Bitcoin, institutions are finally taking […]

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The U.S. SEC has charged five U.S.-based individuals for promoting the illegal offerings of popular crypto scam, BitConnect

The SEC complaint seeks injunctive relief, disgorgement plus interest, and civil penalties from the alleged US-based promoters.

WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Friday said it has charged five individuals for promoting a global unregistered digital asset...