Australian BitConnect boss hit with asset freeze and travel ban

2019-1-8 14:24

Australian authorities have frozen the assets of BitConnect promoter John Bigatton, as international investigations into the world’s biggest cryptocurrency Ponzi scheme continue. As per request by the Australian Securities and Investments Commission (ASIC), the federal court also issued Bigatton with a travel ban, reports the Sydney Morning Herald.

Bigatton is named as a director and shareholder of BitConnect International Plc, incorporated in the United Kingdom. He is also listed as the only representative of BitConnect Australia. The federal court also froze the assets of a company believed to be linked to Bigatton, JB’s Investment Management. His wife, who has been missing…

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