Following two years of mostly inaction, a Florida Judge has dismissed the BitConnect victim class-action lawsuit.

The BitConnect class-action lawsuit was a
consolidation of multiple lawsuits
filed back in 2018.

Initially several defendants were named, but by Juanuary 2020 the list had been
whittled down to just three
; Trevon Brown (a/k/a Trevon James), Ryan Hildreth and Tanner Fox.

In his March 31st order, Judge Middlebrooks revisited his recent show cause order.

I entered an Order to Show Cause why Defendants Brown, Hildreth, and Fox should not be dismissed.

Plaintiffs have responded to the Order to Show Cause.

In their response, Plaintiffs do not explain how the allegations regarding Defendants Brown, Hildreth, and Fox differ from the ones made in connection with Defendants Arcaro and Maasen.

Glenn Arcaro and Ryan Maasen were
dismissed from the case
last September.

Instead of explaining how allegations against Brown, Hildreth and Fox differed from those dismissed against Arcaro and Maasen;

Plaintiffs attempted to relitigate whether these facts sufficiently state claims under the Securities Act.

I have already rejected these arguments twice and will not substantively address them again.

Subsequently the Brown, Hildreth and Fox were dismissed as defendants.

And with no defendants left, Judge Middlebrooks dismissed the class-action with prejudice.

Interestingly enough Plaintiffs in the BitConnect class-action were represented by Silver Miller, the same law firm handling the OneCoin class-action.

Perhaps it’s not a coincidence the OneCoin class-action
isn’t going too well
either.

Update 24th February 2022 – 
The Eleventh Circuit has
reversed the District Court’s dismissal
, effectively reopening the case.

🤖 Quick Answer

What happened to the BitConnect victim class-action lawsuit?
A Florida Judge dismissed the BitConnect victim class-action lawsuit after two years of minimal progress. The consolidated case, originally filed in 2018 against multiple defendants, had been reduced to three individuals: Trevon Brown, Ryan Hildreth, and Tanner Fox. Judge Middlebrooks issued the dismissal order on March 31st following a show cause hearing.

Who were the defendants in the BitConnect case?
The original BitConnect class-action consolidated multiple lawsuits filed in 2018 against several defendants. By January 2020, the defendant list was reduced to three individuals: Trevon Brown (also known as Trevon James), Ryan Hildreth, and Tanner Fox. These individuals faced allegations related to the BitConnect cryptocurrency scheme.

**What was the basis for Judge Middlebrooks'

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