Bitconnect promoter John Bigatton was convicted for providing unlicensed financial advice. 🚨

- ASIC: Bigatton promotes Bitconnect via seminars & social networks (August 2017 - January 2018) without a license.

- Banned from company management for 5 years.

- Bitconnect promised high profits, but was accused of defrauding $2 billion from investors.

- ASIC froze Bigatton's assets in 2018, the first time this order was applied to digital assets.

What do you think about this case? Comment! 💬#CryptoNews#Blockchain #BTC