SEC brings legal action against Bitconnect promoters

By Justin Pugsley
BRR fallback image

Legal actions have been filed by the US Securities and Exchange Commission (SEC) against five individuals who it is accusing of promoting to retail investors $2bn of unregistered global crypto lending securities.

The securities involved a now defunct high yield investment programme associated with the cryptocurrency Bitconnect, which was shut down in ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.

Read Next:

internal audit
Analysis, Risk Management
May 29, 2024

EU banks’ internal audit functions fall short, says ECB

European banks' internal audit function has escaped censure, until now
Read more