Two months after pleading guilty, BitConnect’s national promoter in Australia, John Bigatton, was convicted by the court for providing unlicensed financial advice.
I think that people have a really hard time conceptualizing compound interest rates. $10,010 invested with bit connect at their claimed rates would be $3.1 million after 12 months. But you get your “capital back” after 4 months?
I think that people have a really hard time conceptualizing compound interest rates. $10,010 invested with bit connect at their claimed rates would be $3.1 million after 12 months. But you get your “capital back” after 4 months?