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RE: I Received a Cease & Desist from a Bitconnect Promoters Attourney
Hi, copying my comment from Reddit.
I run a free speech clinic where my students practice helping people who are threatened by lawsuits relating to public participation.
My first thought here is that the promoters might be trying to hide evidence that might be used to track them down later on, and not just to silence you.
If you want, I can have a look at the c&d and tell you if it seems has any merit or it's just a scam. Please note that my legal certification and license is in Israel and I do not have a license in any US state. I'd really recommend you talk to a licensed lawyer at your jurisdiction to make sure that you're protected under law.
you can mail me at info [at] jonathanklinger dot com.
Hey appreciate you reaching out. I find the whole thing to be outrageous for these reasons...
There's no disputing this person promoted Bitconnect, they made dozens if not hundreds of videos on a daily basis.
The letter says this person never promoted a ponzi scheme however Bitconnect seems to have every box checked in terms of what a ponzi scheme is ie a non-existant enterprise, fostered by the payment of quick returns, and where earlier investors are paid by funds from later investors. Seems pretty cut and dry Bitconnect was a ponzi scheme so not sure how they can say he never promoted a ponzi.
It says they never promoted anything illegal or criminal. Several US states have issues Cease and Desist notices to Bitconnect saying it's an unregistered security so again pretty cut and dry anyone who promoted Bitconnect was promoting an unregistered illegal security.
Lastly my video was basically a commentary on this persons video and funny they have since taken down that video along with most if not all other Bitconnect videos. At the end of the day I know this is all saved on Youtube's servers but regardless, if this individual didn't do anything wrong why do they have to try to scrub the internet of everything they've ever done regarding Bitconnect?
I appreciate you reaching out. While I know I'm in the right at the same time I realize anyone can sue anyone for anything and am kind of debating if it's even worse pressing the issue and wasting my time and energy over something so stupid. I do appreciate you reaching out though, I may wind up forwarding it over to you.