"Bitconnect and its YouTube Shills Face a Class-action Lawsuit"

"The six plaintiffs represent a combined investment of $771,000. Since all of them lost close to 90% of their investment last week, they seek compensation."

"Moreover, there are five names pointed out specifically as part of this lawsuit. Especially the individual known as Cryptonick will have some explaining to do in this regard. All of the names individuals aggressively recruited new investors. They did so while knowing BitConnect was bound to implode sooner or later. It shows a clear intent to defraud investors, which is a criminal offense.'

"With both the Bitconnect lending and exchange platforms out of the picture, things aren’t looking great. It is unclear if there will be any compensation for defrauded investors."

Source: JP Buntinx
http://www.livebitcoinnews.com/bitconnect-youtube-shills-face-class-action-lawsuit/

Source: https://www.silvermillerlaw.com/wp-content/uploads/2018/01/2018-1-24-DE-1-CLASS-ACTION-COMPLAINT.pdf

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