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Appellate court decision allows Bitconnect class action to proceed -Breaking

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A ruling by the 11th Circuit Court of Appeals allowing victims of Bitconnect Ponzi Scheme to bring a class-action suit has been reversed.

Bitconnect allows you to connect with other people. ICOs endlessly marketed as a way to get rich quickFrom 2017, which collapsed in January 2018. The appellate courts, which are higher courts, are responsible for reviewing cases that have been tried before and deciding whether or not to reverse the decision.