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ASIC roundup: Unlicensed services, bans, and lemon cars

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

Martina Lindberg

3 min read
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The Australian Securities & Investments Commission’s latest actions and news, May 13 – 17, 2024.

Former BitConnect promoter Bigatton pleads guilty – May 17, 2024

John Louis Anthony Bigatton, former promoter of BitConnect, has pleaded guilty to one criminal charge of providing unlicensed financial services on behalf of another person – contravening section 911B(1) of the Corporations Act.

BitConnect operated as a financial service business and an online crypto

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