https://www.coindesk.com/us-securities-regulator-rejects-bitconnect-records-request/

The U.S. Securities and Exchange Commission (SEC) has denied a Freedom of Information Request (FOIA) on the BitConnect cryptocurrency investment scheme, citing an exemption usually applied to records tied to law enforcement.

The FOIA was sent by Florida lawyer David Silver, who though the law firm Silver Miller is representing clients in one of a number of lawsuits filed against BitConnect in recent weeks. Silver had previously sought a FOIA in relation to the controversial blockchain project Tezos, only to receive an identical rejection letter on Feb. 6.

As is the case with such letters, the SEC did not confirm or deny the existence of an investigation, and the letter itself is not proof that an active investigation is taking place. That said, Silver - who provided a copy of the newest letter to CoinDesk - said that he had been contacted by investigators from the Commodity Futures Trading Commission (CFTC) regarding BitConnect, interpreting that as evidence that an inquiry is underway at the U.S. commodities trade regulator.

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Doubt much will come out of this investigation? What can the SEC do to assist global investors on a ghost company not registered in the USA?