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 ...

The NC Secretary of State’s office has ordered BitConnect, a cryptocurrency trader, to halt its operations in North Carolina. Dreamstime/TNS TNS Cryptocurrency traders in North Carolina have hit their ...

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 ...

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 ...

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 ...

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 ...

A group of investors sued BitConnect, alleging that the cryptocurrency exchange platform was a “wide-reaching Ponzi scheme” and seeking potentially hundreds of millions of dollars in damages.

The indicted founder of crypto trading platform BitConnect has gone off the grid – leaving federal officials unable to formally serve him with a lawsuit in connection to an alleged $2.4 billion Ponzi ...

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 ...

Cryptocurrency traders in North Carolina have hit their first major roadblock: BitConnect’s investment operations are being prohibited in North Carolina. BitConnect is a foreign technology ...