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Aussie John Bigatton, a key promoter of the BitConnect Ponzi scheme, has been convicted by the Sydney District Court for providing unlicensed financial advice between 2017-2018. ASIC revealed Bigatton promoted BitConnect in seminars and on social media, claiming its coin would skyrocket in value. He's been released on a three-year good behavior bond.
đ BitConnect founder Satish Kumbhani remains at large after being indicted in the U.S. for orchestrating the scam.
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