I just saw that John Bigatton, the BitConnect promoter in Australia, was finally sentenced to three years in prison. I can't believe it took so long to reach a verdict. This guy was promoting that Ponzi scheme from 2017 to 2018, telling people to buy BCC and promising ridiculous gains, like the coin rising from $253 to $1,000 in a year. Obviously, it was a lie. What's interesting is that John Bigatton claimed he wasn't giving financial advice, but the court determined that he was doing so without a license. And of course, all his assets, including his cryptocurrencies, were frozen. This is the first case where the Australian regulator intervened in digital assets. Bigatton was also banned from managing companies for five years. Seeing this reminds me why you should always be wary of high-yield schemes. What do you all think, do you believe the punishment should have been more severe?