An Australian court docket docket has frozen BitConnect Director John Bigatton’s belongings. Bigatton might be prohibited from fleeing the nation.
Together with being a Director of BitConnect Worldwide PLC inside the UK, Bigatton was the one actual marketing consultant of BitConnect Australia.
Bigatton’s asset freeze and journey ban is part of an ongoing investigation into BitConnect by the Australian Securities and Investments Payment.
ASIC is believed to be working with regulators in numerous worldwide areas, although specifics have however to be made public.
In March closing 12 months Bigatton’s partner Madeline (correct, with John) went missing. Her disappearance coincided with BitConnect’s collapse only a few months earlier.
To date there have been no sightings of Madeline Bigatton, nor has her physique been found. NSW police nonetheless ponder Bigatton’s partner a missing particular person, although they’ve since referred the matter to the coroner.
Substitute 4th September 2020 – As part of ASIC’s ongoing investigation, John Bigatton has been given a seven-year financial suppliers ban.
Substitute 18th November 2020 – Asic has filed felony charges in the direction of John Bigatton.