On January 24, a law firm called Silver Miller filed a lawsuit against crypto investment platform BitConnect. The platform is accused in being a Ponzi scheme. It was issuing crypto tokens that were unregistered securities, and transferring coming investment to existing investors in order to compensate their return.
https://block-chain.com/news/youtube-will-be-sued-for-failing-to-protect-users-from-bitconnects-advertising
