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11 Jan 2018.
BitConnect requires users to buy Bitcoin and then exchange the Bitcoin for a BitConnect Coin. Investors then “lend” their Bitconnect Coins back.
4 Nov 2019.
A most unusual Ponzi, BitConnect allowed investors to lend out the value of their BCC tokens in return for an interest of one percent a day.
5 Jan 2018.
In one investment scheme, called the BitConnect Lending Program, investors purchase BitConnect Coins, which are provided to a “BitConnect.
26 Jan 2018.
A group of investors sued BitConnect, alleging that the cryptocurrency exchange platform was a “wide-reaching Ponzi scheme.”