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Influencers may face legal action for promoting the wrong cryptocurrency

Online promoters of bogus cryptocurrencies and scams may soon be liable to legal action from the investors if the recent ruling of a US court is anything to go by. Here is what the new ruling on the BitConnect scam tells us on the topic. ....

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'Promote shady crypto investment and you can be held liable'

In a landmark decision that can have its ramifications in several countries battling the rise of cryptocurrencies including India, a court ruling in the US has made it clear that influencers and. ....

Ryan Maasen , Glenn Arcaro , Circuit Court , Securities Act , World Pangolin Day ,

BitConnect Ponzi victims can sue some of the crypto scam's promoters

An appeals court ruled that promoting unregistered securities on YouTube is the same as doing it in a targeted letter. Now a lawsuit against promoters of the BitConnect crypto Ponzi scheme will continue. ....

Ryan Maasen , Glenn Arcaro , Circuit Court , Judge Grant , David Silver ,

'Influencers and promoters of shady crypto investments could be held liable,' says US court

BitConnect's promoters told its victims that if they handed over their Bitcoin for a period of time, their crypto would be used by an automated trading bot that would return huge profits. ....

Ryan Maasen , Glenn Arcaro , Circuit Court , Securities Act , Mapusa Court , Crypto Investments , Crypto Currency Investment ,

BitConnect Ponzi victims can sue some of the crypto scam's promoters

The story of BitConnect doesn’t embody any rapping Forbes bloggers slash cash launderers or dubiously-obtained ape JPGs, however this “pyramid-on-Ponzi” ....

Ryan Maasen , Glenn Arcaro , Circuit Courtroom , Choose Grant , David Silver ,