BitConnect handed yet another cease and desist letter – this time in North Carolina


It appears sketchy Bitcoin investment lending community BitConnect is mired in legal trouble yet again. The North Carolina Securities Division has served the platform with yet another cease and desist letter, ordering the company to temporarily suspend its operations within the state. In an official statement, the NC Securities Division said that for the time being BitConnect has been barred from “soliciting offers to purchase or sell” any securities, unless the assets have been properly registered as such. The order, which was issued on January 9, outlines that the investment platform has 30 days to respond to the hearing before…

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