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ASIC Bans Former BitConnect Representative From Providing Financial Services For 7 Years
Summary: According to financefeeds, The Australian Securities and Investments Commission (ASIC) announced that it has banned John Louis Anthony Bigatton from providing financial services for seven years.Between August 2017 and January 2018, Mr Bigatton was the Australian National Representative of an online cryptocurrency platform BitConnect and cryptocurrency investment scheme BitConnect Lending Platform.The regulator found that, in connection ...
According to financefeeds, The Australian Securities and Investments Commission (ASIC) announced that it has banned John Louis Anthony Bigatton from providing financial services for seven years.
Between August 2017 and January 2018, Mr Bigatton was the Australian National Representative of an online cryptocurrency platform BitConnect and cryptocurrency investment scheme BitConnect Lending Platform.
The regulator found that, in connection with his promotion of BitConnect and the BitConnect Lending Platform, Mr Bigatton provided unlicensed financial product advice and engaged in conduct, in relation to financial products and financial services, which was misleading or deceptive or was likely to mislead or deceive.
Tracy Chen
Tags: ASIC
Link: ASIC Bans Former BitConnect Representative From Providing Financial Services For 7 Years [Copy]