Exit Scam in Wonderland: Bitconnect’s Tentacles From Texas to Gujarat
Cointelegraph
Published Sep 22, 2018 05:20PM ET
Exit Scam in Wonderland: Bitconnect’s Tentacles From Texas to Gujarat
Bitconnect, the now-defunct crypto lending and exchange platform that has been ousted as a ruinous Ponzi scheme, has memorably been compared by the Silver Miller law firm to the fleeting 2011 Broadway musical “Wonderland,” based on the dizzying impossibilities of Alice’s adventures in Lewis Carroll’s celebrated novel.
Silver Miller’s first class action complaint was filed on behalf of six defrauded Bitconnect investors in late January, just weeks after the Texas Securities Commissioner issued an emergency cease-and-desist order against Bitconnect for the selling of unlicensed securities.
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Written By: Cointelegraph
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