Ủy ban Chứng khoán và Giao dịch Hoa Kỳ (SEC) đã thực hiện hành động pháp lý chống lại năm cá nhân quảng bá sàn giao dịch tiền điện tử BitConnect không còn tồn tại. 

Báo cáo chỉ ra that the federal regulator has sued on the allegations that the defendants helped market and sell securities without registering them with the SEC. Their promotional activities raised more than $2 billion from retail investors.

More specifically, the SEC alleges that the promoters advertised BitConnect’s “lending program” between Jan. 2017 and Jan. 2018 by posting a series of YouTube testimonials. On occasion, they posted the testimonial videos multiple times a day. The promoters were subsequently paid commission for whatever investor cash they could attract. Reports state that one of the accused earned over $2.6 million.

SEC shared a press phát hành on their Twitter account on May 28. Phát hành listed their allegations in great detail, alongside the names of the accused.

Lara Shalov Mehraban, Associate Regional Director of SEC’s New York Regional Office, was quoted to say:

“Chúng tôi cáo buộc rằng những bị cáo này đã bán trái phép chứng khoán tài sản kỹ thuật số chưa đăng ký bằng cách tích cực quảng bá chương trình cho vay BitConnect cho các nhà đầu tư bán lẻ. Chúng tôi sẽ tìm cách quy trách nhiệm cho những ai trục lợi bất hợp pháp bằng cách tận dụng lợi ích của công chúng đối với tài sản kỹ thuật số ”.

The SEC has charged four of the individuals with violating the registration provisions of the federal securities laws. Meanwhile, the Commission’s complaint charged the fifth man with aiding and abetting BitConnect’s unregistered offer and sale of securities.

BitConnect stopped operating as an exchange in 2018 amid fraud allegations.

The SEC’s other crypto cases

The Commission also remains locked in an ongoing legal tug-of-war with Ripple Labs. They have alleged that the company CEO Brad Garlinghouse and co-founder Christian Larsen conducted an illegal securities offering.

Ngày 21, báo cáo đã nêu that the SEC had won the right to access to further discovery information from Ripple’s overseas regulators. This was the result of an issue that began back in April, when Ripple submitted a letter to Judge Sarah Netburn, requesting she stop the SEC from trying to acquire this information. The letter asserted the SEC was contacting their foreign regulators as an intimidation tactic.

However, Judge Netburn ultimately ruled in the SEC’s favor. She stated there was no evidence to suggest “that the SEC issued its Requests in bad faith.”

More recent developments in SEC vs. Ripple concern the defendants’ request to seal exhibits. On May 28, former federal prosecutor James K. Filan tweeted that the SEC had filed an opposition to that request. Mr Filan, who has commentated on the suit regularly on Twitter, said the SEC noted the great deal of public interest in the case. He also referred to the numbers of attendees at telephonic discovery conferences on April 6 and April 30.

Mr Filan followed up with một tweet khác shortly afterwards, regarding Ripple’s opposition to the SEC’s motion for another discovery conference.

“SEC also just filed a response to Ripple’s Opposition to the SEC’s motion for a discovery conference,” the tweet read. “Like the SEC’s original motion, the response was filed under seal, so we won’t know what this is about until the sealing issue is decided.”