After SEC Sues BitConnect
Individual Defendant Says His Life Is Ruined,
NYLAG
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
August 12 – The SEC has sued
individual defendants for
operating BitConnect and
raising $2 billion in
"unregistered
investments."
On August 11, U.S. District
Court for the Southern
District of New York Judge
John G. Koeltl held a
proceeding. Inner City Press
covered it.
One of the
individual defendants called
in and said, This is ruining
my life.
He begged Judge
Koeltl to dismiss the case
against him. It didn't happen.
Instead, there will be a
referral to the NYLAG.
The case is
Securities and Exchange
Commission v. Brown et al.,
21-cv-4791 (Koeltl)
***
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