Over the last month we’ve covered the
addition of YouTube as a defendant
in the BitConnect class-action filed in Florida.

Here’s our July update on the other BitConnect cases filed across the US.

Following on from YouTube being added as a defendant,
Charles Wildes’ BitConnect lawsuit
has emerged as the primary case to follow.

On June 19th an order approved the appointment of a Lead Plaintiff (the BitConnect Investor Group), their attorneys (co-lead counsel) and the creation of an “Executive Committee”.

The Executive Committee is made up of three law firms who ‘
will assist with this litigation at the direction, and under the supervision of, Co-Lead Counsel
‘.

Three other BitConnect cases have been rolled into Paige’s lawsuit, which means our separate coverage of them will end.

In order to avoid confusion, from here on out we’ll be referring to the Wildes et al. lawsuit as simply the “BitConnect class-action”.

The latest in the BitConnect class-action is a July 9th summons issued to YouTube.

The Google owned media giant was added as a plaintiff by way of a Third Amended Complaint filed on July 3rd.

As at the time of publication YouTube has yet to make a filing in the case.

With respect to the
other BitConnect lawsuits we were tracking
as of last month;

Kline et al v. Bitconnect
 and
Long et al v. BitConnect
were merged into the BitConnect class-action as per separate June 19th orders

Mengesha v. BitConnect International PLC et al
was merged into the BitConnect class-action on June 21st

no additional filings have been made in
Paige v. BitConnect International PLC et al

One note on Mengesha v. BitConnect; whereas the Kline and Long lawsuits have been terminated post merger, Mengesha v. BitConnect International is still open.

I assume the case will be formally terminated at some point but from here out we won’t be tracking it.

The merger of most of the BitConnect cases also means we’ll be checking in on the class action more frequently than once a month.

🤖 Quick Answer

What was the status of BitConnect lawsuits in July 2018?
In July 2018, the BitConnect litigation landscape consolidated significantly. YouTube was added as a defendant in the Florida class-action case, while Charles Wildes' lawsuit emerged as the primary case. On June 19th, a Lead Plaintiff (BitConnect Investor Group) and co-lead counsel were appointed, with an Executive Committee comprising three law firms established to assist litigation efforts. Three additional cases were consolidated into this primary lawsuit.

Who was appointed as Lead Plaintiff in the BitConnect case?
The BitConnect Investor Group was appointed as Lead Plaintiff in the consolidated BitConnect class-action lawsuit. This appointment occurred on June 19th and represented a significant development in the litigation process. Co-lead counsel and an Executive Committee of three law firms were simultaneously designated to manage the case's progression and coordinate legal strategy throughout the proceedings.

🔗 Related Articles

- ForeverGreen take “high road” in Pruvit lawsuit
- Zeek Ponzi winners trying to dodge clawbacks
- EminiFX Receiver reaches out, requests investor details
- Digital Income System a “fraudulent opp”, sued by FTC
- EmpiresX scammers indicted on three counts of fraud