BitConnect is in the midst of closing its cryptocurrency lending and exchange platform, following warnings from US regulators and speculation that the platform is little more than a Ponzi scheme. In a ...
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 ...
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 ...
Historically speaking, no investment class has delivered more consistent returns over the long run than stocks. Over time, they have demonstrated an average annual return of 7%, inclusive of dividend ...
Investors have filed a class action complaint against BitConnect one week after its shutdown, seeking compensation. The class action complaint states that BitConnect issued cryptocurrency tokens that ...
The cryptocurrency community is slowly but steadily growing more suspicious of BitConnect and its dubious business model. Crypto pioneers, including Ethereum founder Vitalik Buterin and Litecoin ...
Youtube, “failed as a gatekeeper to protect its users,” by allowing affiliates of the Bitconnect cryptocurrency ponzi scheme to post 70 000 hours of promotional video, lawyers for plaintiffs in a ...
Bitcoin investment website BitConnect might have closed down its fraudulent lending and exchange platform, but its task force of dedicated promoters are still at it – and are now targeting gullible ...
If it seems too good to be true, it probably is. Historically speaking, no investment class has delivered more consistent returns over the long run than stocks. Over time, they have demonstrated an ...