SEC secures judgments against BitConnect promoters

The United States Securities and Exchange Commission (SEC) confirmed on Thursday that it had secured judgments against BitConnect promoters.

The New York Southern District Court has entered a judgment against Michael Noble (a.k.a. Michael Crypto) and a final judgment against Joshua Jeppesen for their involvement with BitConnect and the promotion of its “lending program.” The court also entered a final judgment against Laura Mascola as a relief defendant.

According to the judgments, the defendants and relief defendant have been ordered to collectively pay more than $3.5 million and 190 Bitcoin in disgorgement and prejudgment interest.

The SEC’s complaint, filed on May 28, 2021, alleges that, from approximately June 2017 to January 2018, Noble promoted BitConnect and marketed and sold securities in its “lending program.” The SEC’s complaint further alleges that Noble offered and sold the securities without registering the securities offering with the Commission, and without being registered as a broker-dealer with the Commission, as required by the federal securities laws.

Jeppesen served as a liaison between BitConnect and promoters and represented BitConnect at conferences and promotional events, and that Mascola received certain proceeds from Jeppesen’s BitConnect activities.

The SEC’s complaint charges Noble with violating the registration provisions of the federal securities laws, and Jeppesen with aiding and abetting BitConnect’s unregistered offer and sale of securities. The SEC’s complaint further charges Mascola with unjust enrichment.

Without admitting or denying the SEC’s allegations, Noble consented to the entry of a judgment and Jeppesen consented to the entry of a final judgment pursuant to which Noble and Jeppesen each are permanently enjoined from violating the charged provisions and from offering, operating, or participating in certain marketing or sales programs and from participating directly or indirectly in a digital asset securities offering.

  • The final judgment against Jeppesen orders him to pay $3,039,485 in disgorgement and prejudgment interest, 190 Bitcoin in disgorgement, and a $150,000 penalty, and to turn over information and access to a Bitcoin wallet to satisfy his obligation to pay the 190 Bitcoin in disgorgement.
  • The judgment against Noble orders him to pay disgorgement, prejudgment interest and a civil penalty in an amount to be determined by the court at a later date upon the Commission’s motion.
  • The final judgment against Mascola orders her to pay $576,358 in disgorgement and prejudgment interest.
Posted on

66 Replies to “SEC secures judgments against BitConnect promoters”

  4. With havin so much content do you ever run into any problems
    of plagorism or copyright infringement? My site has a lot of unique content I’ve either
    written myself or outsourced but it seems a lot of it is popping it
    up all over the web without my agreement. Do you know any solutions to help stop content from being stolen? I’d really
    appreciate it.

    Here is my website: nordvpn coupons inspiresensation

  5. Every weekend i used to pay a quick visit this web page, for the reason that i want enjoyment,
    for the reason that this this website conations in fact good funny information too.

    my webpage; nordvpn coupons inspiresensation (http://tinyurl.com/)

  8. Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplayBonus offer

  11. I’m truly enjoying the design and layout of your website.

    It’s a very easy on the eyes which makes it much more pleasant for me to come here and visit more often. Did you hire out a designer to create your theme?
    Superb work!

    my webpage vpn

  12. Wonderful goods from you, man. I have understand your stuff previous to and you’re just extremely wonderful.

    I really like what you have acquired here, really like what you are stating and the way in which
    you say it. You make it entertaining and you still care for to keep it smart.
    I can’t wait to read much more from you. This is actually a tremendous website.
    gamefly https://tinyurl.com/28wjzmw4

  14. My brother suggested I would possibly like this website.
    He was totally right. This put up truly made my day. You can not imagine just how much time I had spent
    for this information! Thanks!

  20. Gamblingngo.com befürwortet oder unterstützt keine
    Form von Wetten oder Glücksspielen durch Benutzer unter 18 Jahren. Gamblingngo.com verwendet Affiliate-Links zu bestimmten Buchmachern/Casinos, von deren Anzeigen und Bewertungen wir in einigen Fällen möglicherweise eine Vergütung erhalten. Um einen Willkommensbonus zu erhalten, müssen Online-Casino-Spieler
    aus den Niederlanden ein Konto auf einer Online-Casino-Website
    erstellen, Geld auf ihr Konto überweisen und eine Einzahlung tätigen. Niederländische Glücksspielliebhaber können Spaß
    haben, während sie viele Arten von Online-Casinospielen wie Online-Spielautomaten, Blackjack, Roulette, Baccarat,
    Poker usw.
    Das Casino in Utrecht ist der Anlaufpunkt, wenn Sie gern Bingo spielen.
    Das Holland Casino in Venlo liegt direkt an der Autobahn und ist damit
    sehr gut zu erreichen. Die Regelung gilt für Gewinne aus allen Arten von Glücksspielen, einschließlich der in Holland Casinos erzielten Gewinne.
    Diese Steuer wird direkt vom Casino oder vom Gewinner an den Fiskus abgeführt,
    je nachdem, wo und wie der Gewinn erzielt wurde. Die Gewinne der Casinos fließen direkt in die Staatskasse,
    was Holland Casino zu einem wichtigen finanziellen Beitrag für das Land macht.

    References:
    https://online-spielhallen.de/ihr-umfassender-leitfaden-zur-vegas-casino-auszahlung/

  21. Whether you prefer playing a traditional game of blackjack or testing your luck on one
    of the many roulette wheels, National Casino guarantees a satisfying and rewarding experience.

    Each game comes in different variations, providing players with plenty of choices to match their preferences.

    Players can set deposit limits, self-exclude, or take breaks to ensure that their
    gaming experience remains fun and controlled. National Casino’s fast withdrawal process ensures that players can access their winnings without unnecessary delays, making it one of the most reliable platforms in terms of payout speed.
    National Casino values its loyal players and strives to ensure that their experience is
    as rewarding as possible.
    National Casino offers a streamlined registration process designed to get experienced
    players into the action with minimal delay. National Casino’s library of over 4,000 games represents
    one of the most comprehensive collections available to US players.

    National Casino has invested significantly in creating an intuitive,
    responsive platform that caters to experienced players who demand efficiency and clarity.

    Don’t miss out on the chance to redeem exclusive offers
    and enjoy some of the newest games available online.

    References:
    https://blackcoin.co/best-online-casino-video-slots-history-and-rules/

  24. Hello, i read your blog from time to time and i own a similar one and i was just wondering if you get a lot of spam remarks? If so how do you prevent it, any plugin or anything you can recommend? I get so much lately it’s driving me insane so any assistance is very much appreciated.

  25. After I originally left a comment I appear to have clicked the -Notify me when new comments are added- checkbox and from now on whenever a comment is added I get four emails with the same comment. There has to be a way you are able to remove me from that service? Cheers!

  28. Hey there! This is my 1st comment here so I just wanted to give a quick shout out and tell you I genuinely enjoy reading through your articles. Can you recommend any other blogs/websites/forums that deal with the same topics? Appreciate it!

  29. Oh my goodness! Impressive article dude! Many thanks, However I am going through troubles with your RSS. I don’t know the reason why I am unable to subscribe to it. Is there anybody getting the same RSS issues? Anyone that knows the solution can you kindly respond? Thanx!!

  30. Good day! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept chatting about this. I will forward this post to him. Pretty sure he will have a good read. Thanks for sharing!

  31. This article will assist the internet visitors for setting up new website or even a blog from start to end.

  33. For latest information you have to pay a visit world-wide-web and on web I found this web page as a finest website for hottest updates.

  34. Hello there! I could have sworn I’ve visited this web site before but after going through some of the posts I realized it’s new to me. Anyhow, I’m certainly delighted I came across it and I’ll be book-marking it and checking back regularly!

  35. Greetings! I know this is kinda off topic however I’d figured I’d ask. Would you be interested in trading links or maybe guest authoring a blog post or vice-versa? My site covers a lot of the same subjects as yours and I think we could greatly benefit from each other. If you might be interested feel free to shoot me an email. I look forward to hearing from you! Awesome blog by the way!

  36. Greate article. Keep posting such kind of information on your site. Im really impressed by your site

  37. My brother recommended I might like this web site. He was entirely right. This publish truly made my day. You cann’t consider simply how a lot time I had spent for this info! Thanks!

  38. I just could not depart your website before suggesting that I actually enjoyed the usual info an individual provide on your guests? Is going to be back often in order to investigate cross-check new posts

  40. Hello there, You’ve performed a great job. I will certainly digg it and in my view suggest to my friends. I am confident they’ll be benefited from this web site.

  43. If you desire to obtain a good deal from this paragraph then you have to apply such techniques to your won webpage.

  44. Can I just say what a comfort to find someone that genuinely understands what they’re talking about on the internet. You actually realize how to bring an issue to light and make it important. More and more people must look at this and understand this side of your story. I was surprised you aren’t more popular given that you most certainly have the gift.

  46. I was pretty pleased to find this website. I want to to thank you for ones time for this wonderful read!! I definitely savored every part of it and i also have you saved as a favorite to see new information in your web site.

  47. Hi there to all, the contents existing at this web site are genuinely amazing for people knowledge, well, keep up the good work fellows.

  48. I think this is among the such a lot vital info for me. And i’m glad reading your article. However want to remark on few common things, The website style is perfect, the articles is actually excellent : D. Just right process, cheers

  49. Why users still use to read news papers when in this technological world the whole thing is accessible on net?

  50. Spot on with this write-up, I really think this website needs far more attention. I’ll probably be back again to read more, thanks for the information!

  51. This is a topic that is close to my heart… Cheers! Exactly where are your contact details though?

  53. We are a gaggle of volunteers and opening a brand new scheme in our community. Your website provided us with useful information to work on. You have performed a formidable job and our entire community will probably be thankful to you.

  54. First of all I want to say fantastic blog! I had a quick question that I’d like to ask if you don’t mind. I was interested to know how you center yourself and clear your mind before writing. I’ve had a difficult time clearing my thoughts in getting my thoughts out. I do take pleasure in writing but it just seems like the first 10 to 15 minutes tend to be lost simply just trying to figure out how to begin. Any suggestions or tips? Cheers!

  55. Appreciating the persistence you put into your site and detailed information you present. It’s good to come across a blog every once in a while that isn’t the same outdated rehashed information. Fantastic read! I’ve saved your site and I’m adding your RSS feeds to my Google account.

  56. I’m amazed, I must say. Rarely do I encounter a blog that’s both educative and engaging, and without a doubt, you have hit the nail on the head. The issue is something that too few people are speaking intelligently about. I am very happy that I stumbled across this during my hunt for something regarding this.

  57. Fantastic goods from you, man. I have take into account your stuff previous to and you are simply too great. I really like what you have got right here, certainly like what you are stating and the way in which through which you say it. You make it enjoyable and you still take care of to keep it sensible. I cant wait to read much more from you. This is actually a tremendous site.

  58. Heya i’m for the first time here. I came across this board and I find It really useful & it helped me out a lot. I am hoping to give something back and aid others such as you helped me.

  59. Do you have a spam problem on this blog; I also am a blogger, and I was wanting to know your situation; we have created some nice practices and we are looking to exchange strategies with other folks, please shoot me an e-mail if interested.

  60. Wow, fantastic blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your website is great, let alone the content!

  61. It’s appropriate time to make some plans for the future and it is time to be happy. I’ve read this post and if I could I wish to suggest you some interesting things or tips. Perhaps you could write next articles referring to this article. I want to read more things about it!

  62. I feel this is among the most vital info for me. And i’m glad reading your article. However wanna commentary on few general issues, The website taste is perfect, the articles is really nice : D. Excellent activity, cheers

  63. I really like it whenever people come together and share thoughts. Great website, keep it up!

  64. Superb, what a weblog it is! This web site provides helpful information to us, keep it up.

  65. Greetings! Very useful advice in this particular article! It’s the little changes that make the most significant changes. Many thanks for sharing!

  66. What’s up, I log on to your blog like every week. Your writing style is awesome, keep up the good work!

Leave a Reply

Your email address will not be published. Required fields are marked *