New BitConnect Class Action Combines All Former Suits — And Targets Youtube

New BitConnect Class Action Combines All Former Suits — And Targets Youtube
According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U.S. District Court for the Southern District of Florida against BitConnect. The new suit combines all the lawsuits previously filed against the now-defunct pyramid scheme.The new class action names the law firm Silver Miller as the "Class Counsel" and BitConnect owners and promoters as defendants in the suit. Silver Miller has become famous for its efforts in handling cryptocurrency-related cases, representing aggrieved clients who have lost funds to crypto businesses and going head-to-head against companies such as Coinbase, Kraken, BitConnect and Tezos.The consolidated lawsuit names BitConnect International PLC, BitConnect Ltd., BitConnect Public Limited, BitConnect Trading Ltd., individuals affiliated with the scheme including Senior BitConnect India promoter Divyesh Darji. It also names YouTube as a defendant, which was sued earlier this year, for allowing BitConnect promoters and affiliates to publish "over 70,000 hours of unedited content, generating 58,000,000 views," luring "thousands, if not hundreds of thousands of victims" into BitConnect's Ponzi scheme.The new lawsuit cites over 22 legal violations including selling of unregistered securities under controlling federal law, breach of contract, fraudulent inducement and more. The suit also provides a complete overview of BitConnect and the ... For Further Information Click on Below Button
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