Yup promoters of BitConnect are screwed big time. It's not just the US but people all over the world are going to use this as an "example"
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Yup promoters of BitConnect are screwed big time. It's not just the US but people all over the world are going to use this as an "example"
That's exactly right, and they will be punished front and center for the world to see most likely.
I think they are based in UK. If many countries go after them, they will likely get some punishment. But a Florida court has no power over them.
None of the big fish are based in the UK. The founders look like they are based in Asia and all the big promoters mentioned here are based in the USA.
Not them no, but they do have power and jurisdiction over all those who promoted it within the States.