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The entire BitConnect schouwspel is far from overheen. One of its largest YouTube advertisers, known spil Craig Grant, is evidently sitting on overheen 300 Bitcoin. It is possible most of this is onmiddellijk revenue from promoting this well known Ponzi Scheme. This funds evidently resides ter a Gemini wallet address spil of right now.
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Anyone who kept an eye on BitConnect knows the Ponzi Scheme has collapsed. Thousands of gullible people lost money ter the process. Some of them are beginning a crusade against the people promoting this scam on YouTube. One of thesis individuals goes by the name of Craig Grant. Whether or not that is his existente name, remains unknown at this time. He certainly posted a loterijlot of movies hyping up BitConnect spil a way to attract more investors.
Craig Grant Made Some Dumb Moves
During one of the movies, one of his Bitcoin addresses has bot exposed. It also shows hehe transferred money to a Gemini account at some point. So far, the diferente address seems to have received a total of 309 Bitcoin via the past few months. All of that money has bot moved to a few different accounts and very likely contant out te exchange for fiat currency. At this time, 309 BTC would be worth well overheen $3m.
This seems to confirm Craig Grant has no clue how the blockchain works. Tracing thesis transactions is not exactly difficult and doesn’t require specific software either. Making such information public during a YouTube movie is asking for trouble if you attempt to hide something. Grant is also indicted spil part of several ongoing lawsuits against the BitConnect Ponzi Scheme.
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For the time being, it remains to be seen what will toebijten next. Tracing the money will not be effortless whatsoever. At the same time, it is unclear how many of thesis transactions can effectively be linked to Craig Grant. The ongoing lawsuits will need to overeenkomst with that type of information accordingly. It is overduidelijk earning a loterijlot of money using illicit methods can be lucrative. Getting away with it without leaving a trace, is something else entirely.