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May 01, 2020
Albert Parks, et al v. BitConnect Ltd., et al
Case Number:
20-11675
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Companies
Sectors & Industries:
View recent docket activity
Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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February 22, 2022
11th Circ. Revives Part Of Crypto Ponzi Scheme Class Action
The Eleventh Circuit has reversed part of a decision that tossed a class action accusing promoters of the defunct crypto marketplace BitConnect of duping investors into a Ponzi scheme, finding in a published opinion that the promoters' online videos are considered solicitation.
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