Judge says 800 victims of BitConnect scam can share $17M
Victims of the BitConnect crypto scam are set to have some of their funds returned, but it’s far from the $2.4 billion the company took.
Cryptocurrency news by Protos · Protos
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Show Notes
Approximately 800 victims of the BitConnect crypto investment scam will get back at least some of their funds after a San Diego Federal court ordered that $17 million be distributed to investors in over 40 different countries.
BitConnect managed to con thousands of investors out of a collective $2.4 billion by fraudulently pitching BitConnect’s ICO and crypto exchange as a sound investment.
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