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Australian promoter of BitConnect convicted for providing unlicenced financial advice

John Bigatton, the Australian promoter of BitConnect, has been convicted by the Sydney District Court of providing unlicenced financial advice.

John Louis Anthony Bigatton of New South Wales has pleaded guilty to one criminal charge relating to his role as national promoter of BitConnect.

Mr Bigatton was the Australian National Representative of an online cryptocurrency platform known as BitConnect.