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    Update on BitConnect Class Action Sees More Defendants Dismissed

    According to a recent report by Behind MLM, a class action against BitConnect does not appear to be going well. The report indicates that the Court dismissed Plaintiff’s Second Amended Complaint, along with several defendants.

    Since September 13th, Defendants Glenn Arcaro, Ryan Maasen, Joshua Jeppesen, Craig Grant, and Nicholoa Trovato, were dismissed from the suit. Even though the Court dismissed the Second Amended Complaint, Behind MLM reported that the Plaintiffs have been permitted by the Court to file a third-amended complaint, and that if filed, it must not include any additional parties and/or allegations.

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    Silvia A
    Silvia A
    Though relatively new to the cryptocurrency and blockchain space, Silvia has a strong interest in the field and a love of writing as well. She brings an interesting take to current happenings in the industry and enjoys introducing the latest developments to cryptocurrency and blockchain enthusiasts alike. She’s excited to promote a vibrant and fresh discussion as the industry continues to develop and move forward.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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