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SEC charges five people with promoting BitConnect, which it alleges was an unregistered digital securities offering that raised $2B+ from retail investors (Aislinn Keely/The Block)

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 Aislinn Keely / The Block:

SEC charges five people with promoting BitConnect, which it alleges was an unregistered digital securities offering that raised $2B+ from retail investors  —  The Securities and Exchange Commission (SEC) has filed a civil lawsuit against five people accused of promoting BitConnect, a now-defunct crypto Ponzi scheme.

Source: Technology – Techmeme