In a menacing turn of events yesterday, Bitcoin investment lending platform BitConnect abruptly announced it is shutting down its lending and exchange services. But while this sudden “curveball” might ...

According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U.S. District Court for the Southern District of Florida against BitConnect. The new suit ...

One of the things that made BitConnect so resilient to criticism was its wide network of promoters, shamelessly shilling the company on YouTube and other social media channels. But it seems that even ...

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 ...

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 ...

BitConnect's founder was indicted by a federal grand jury for orchestrating a $2.4 billion cryptocurrency Ponzi scheme, the U.S. Justice Department said. Satish Kumbhani, 36, of Hemal, India, the ...

This week, we dig into the rise of BitConnect, the strange kidnapping case that ultimately helped unravel the scheme and an important Texas Securities Commission cease and desist order. Listen or ...

The Australian Securities and Investments Commission (ASIC) has announced the former Australian promoter of BitConnect has been charged for his involvement in the folded cryptocurrency project that ...

Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it’s shutting down. In a release on its website the ...