I have doubts that the law can actually punish those promoters and the people behind bitconnect. Yet I hope there is a silver lining to all of this. Glenn, Trevor, Cryptonick, and whole bunch of those stars on youtube earn thousands a month should at the very least give back to those who lost in bitconnect. Will they do so, not likely considering they deleted all their ties to bitconnect. Very sad.
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Why would they give back? They were aware of the scam from Day 1. They won’t pay back a penny unless forced to do so. They even started hiding funds months ago with fake hacks etc saying they had lost hundreds of btc etc! They have no intention of giving back.
That's the beautiful thing about the internet... it never forgets.