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RE: Bitconnect Ltd. to be Dissolved,Transfers Ownership to the Queen.

in #bitconnect7 years ago

I'm wondering if they will really have any recourse. I know in the United States and seems like the UK as well you can file entities pretty easily and it doesn't mean a lot. Like a lot of people file LLCs in the United States and never do anything with them and never file any taxes with the state or the federal governement.

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bitconnect filed as a LTD company not a LLC partnership,
took millions of payments from users using the company as addressed in the U.K,
this is tax fraud and another long list of shady practices showing the illegitimacy of bitconnect.

Do you think the UK government will try to chase them down?

for millions in criminal tax evasion,yes

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