On Monday, July 15, the Australian Securities and Investments Commission (ASIC) announced that the Sydney District Court has convicted BitConnect promoter John Bigatton for providing unlicensed financial advice to promoters. BitConnect Promoter Provided Unsolicited Advice ASIC said that Bigatton, the Australian promoter of BitConnect gave unsolicited financial advice for promoting the crypto exchange in seminars The post ASIC Charges BitConnect Promoter For Offering Unlicensed Advice appeared first on CoinGape .