Lawsuits accusing cryptocurrency scheme BitConnect fraud were consolidated into a class action Federal district court of South Florida.
Lawyer David silver of Silver law firm Miller explained that the new class action lawsuit against BitConnect not only brings together the previous individual claims, but also expands the range of suspects:
“A class action lawsuit emphasizes those participants who participated in the creation and promotion BitConnect. The amount of fraud and losses of investors in such a short period is amazing. We hope to move in this matter as soon as possible and to attract more officers from the U.S. and other countries”
A class action lawsuit lists no less than 22 violations of the law, and provides an overview of the history of cryptocurrency scheme. Silver also noted that “the ideal outcome would be to return the funds to all investors BitConnect”.
The project Bitconnect, which caused a lot of doubt in cryptosuite and acne Butterini was named a financial pyramid, has announced that closes the platform for loans and exchange of cryptocurrencies in January, explaining the closure decision of the Commissioner of securities of Texas and the authority to oversee the securities market in North Carolina, after which the Token BitConnect lost 90% of the cost. In August, the head gives Darji was arrested at the airport in Delhi. Also the police in India detained Nalina Kotadia, a former member of the ruling political party Bharatia Janata (BJP), for his alleged involvement in the case on BitConnect.