Investors File Class Action Suit against Bitconnect

Just stumbled upon this article:
https://www.ccn.com/investors-file-class-action-suit-against-bitconnect/

Looks like Trevon is being accused as seen on the official complain:
https://www.silvermillerlaw.com/wp-content/uploads/2018/01/2018-1-24-DE-1-CLASS-ACTION-COMPLAINT.pdf

"BitConnect’s dubious reputation in the industry mirrored its short and incident-plagued history. The company launched through an ICO in 2016-2017. On 5th January 2018, the Securities Commissioner of Texas filed a cease and desist order against the company, accusing it of fraud and selling unregistered securities. North Carolina followed soon after.

BitConnect shut its exchange on January 17th, citing DDoS attacks, regulatory challenges and bad press. Its token plummeted by 90% with the closure of its platform. It promised to continue support for its proprietary currency. However, as the class action suit contends, by shutting its trading and exchange platform, its native currency fell by 90% and the promise of continued support for BCC was ‘hollow; as the only true value the token held was on BITCONNECT’s own platform’.

At the time of writing, BitConnect was proceeding with its planned BitConnect X ICO to launch a new coin, BCCX. Given its checkered past, whether BitConnect will succeed in attracting investor interest remains to be seen."