John Bigatton, the Australian promoter of the BitConnect Ponzi scheme, has been convicted by the Sydney District Court of providing unlicensed financial advice. Bigatton was sentenced to a three-year recognizance of good behavior and disqualified from managing corporations for five years. He pleaded guilty earlier this year to charges related to his involvement in the BitConnect scam, which collapsed in 2018.Read more on Decrypt
Former BitConnect Promoter Convicted in Australia
