• May 18, 2024

John Bigatton, a resident of Carss Park, New South Wales, has pleaded guilty to a charge of providing unlicensed financial services in the Sydney District Court on Thursday. The charge stems from his involvement in promoting BitConnect, a now-defunct cryptocurrency platform known for its high-yield investment program (HYIP).

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  • May 18, 2024

An Australian man has admitted to participating in promoting cryptocurrency lending services for the now-defunct crypto exchange BitConnect, which gained notoriety as an alleged Ponzi scheme and ceased operations in 2018 amid accusations of defrauding victims of over $2.4 billion.

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