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RE: Bitconnect, The Truth and reality of it
I doubt he is the CFO.... the real criminals kept their identity well and truly hidden. However, several “innocent” promoters who took commissions (e.g. via affiliate links) will potentially face jail for “selling” securites without a license.
That explains why so many youtubers have taken down their promotional videos.
By the time the prosecuters have sat through watching thousands of hours of watching youtube drivel, they will latch on to anything - a word, a phrase, a sentence, that could justify them making a case.
Hes Probably not the CFO, was really just making a point that you should properly do your research before committing money to things like this, for instance the "Risk-Free" part is crucial because the fact that returns can be different from 1% in itself makes it not risk-free.
CFO was Sarcasm.