Sec Charges Us Promoters For Marketing Alleged Bitconnect Cryptocurrency Ponzi Scheme
The regulator claims that the five promoted BitConnect as a “global unregistered digital asset securities offering that raised over $2 billion from retail investors” – many of whom lost their money when BitConnect collapsed in 2018. SEC’s complaint (.PDF), filed in the US District Court for the Southern District of New York, names Trevon Brown (also known as Trevon James), Craig Grant, Ryan Maasen, and Michael “Michael Crypto” Noble, all of which reside in the country....