Regulators Freezes Assets of BitConnect Promoter John Bigatton

John Bigatton, the only representative for BitConnect Australia, has had his assets frozen by the Australian Securities and Investments Commission (ASIC), functions very similarly to the Securities and Exchange Commission in the United States. Bigatton can’t travel, as part of the ongoing investigation.

Bigatton is also a director and shareholder in BitConnect International. BitConnect as a whole is under investigation by several international bodies, including the FBI in the US. People like Trevon James, a notorious Bitcoin pumper who remains active on social media promoting and discussing cryptocurrencies, are the target of investigations in the US.

Reference: https://www.ccn.com/australia-regulators-freezes-assets-of-bitconnect-promoter-john-bigatton/

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