BitConnect was a proof-of-stake (PoS) platform allowing users to buy Bitconnect Coin (BCC) to earn interest. Users could sell Bitcoin (BTC) for BCC and then lock in the BCC price and earn daily ...
Over the past few days, I’ve been revisiting the story of the massive 2016-2018 crypto scam BitConnect for an upcoming project. One of my surprising takeaways is that, though BitConnect was a shady ...
BitConnect's founder has been charged with orchestrating a global $2.4 billion Ponzi scheme, the Justice Department said. Satish Kumbhani faces several charges including wire fraud, the DOJ said ...
What looked too good to be true ended up being just that, as Bitconnect has all but closed its doors. Long accused of being a Ponzi-scheme, Bitconnect shut down its cryptocurrency exchange and lending ...
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