I put in $40,000 into a ponzi platform similar to BitConnect. Do you think I can sue my promoter or get him charged? I live in Australia.
MOST IMPORTANTLY - Is it even worth going after him you think if he was just using their referral program?
You would surely cost up some money even more. The question is that why did you invest into a project similar to Bitconnect?
$40k is big but wont really be that much if you tend to fight out but still you can make some actions through legal means on your place.
This is the hardest part when you are really being victimized online because due to anonymity and irreversible transactions you cant really easily
sue them out incase problem arises.