WebA Securities and Exchange Commission (SEC) civil lawsuit has been filed against five individuals allegedly involved in promoting BitConnect’s “lending program”. BitConnect shut down it’s main lending platform operations in 2024 after regulatory warnings and allegations of fraud. The SEC’s Civil Lawsuit The Bitconnect Coin was among the world's top 20 most successful cryptocurrency tokens until its price collapsed after traders began losing confidence. BCC rose from a post ICO price of $0.17 to an all-time high of US$463 in December 2024; it declined to US$0.40 as of March 11, 2024. See more Bitconnect (also spelled BitConnect and KimConnect; stylized bitconnect, ticker code BCC) was an open-source cryptocurrency in 2016–2024 that was connected with a high-yield investment program, … See more Bitconnect was released in 2016 with the goal of allowing users to lend the value of Bitconnect Coin in return for interest payments. The marquee program was the so-called lending platform where users traded Bitcoin for Bitconnect Coin and could lock in the … See more On October 28, 2024, Bitconnect held its first (and only) annual ceremony in Pattaya, Thailand. During the event, an investor named Carlos Matos from New York City gave an exuberant presentation and testimonial about the website, which included him … See more • Official website (last archived version, 28 November 2024) See more Bitconnect was suspected of being a Ponzi scheme because of its multilevel marketing structure and impossibly high payouts (1% daily compounded … See more On January 16, 2024, Bitconnect announced it would shut down its cryptocurrency exchange and lending operation after regulators from Texas and North Carolina issued a cease and desist order against it. On January 31, 2024, a U.S. District Court, … See more • List of cryptocurrencies • OneCoin • PlusToken • USI Tech See more
Bitconnect - What happened? - YouTube
WebAnswer (1 of 3): Bitconnect is not a scam. The system is based off of buying their token with Bitcoin then you lend there token back to them and they hold it. as the Bitcoin price Rises the bitconnect token price Rises and they're paying you the interest off of that rise on average 1% percent dai... WebFeb 25, 2024 · BitConnect is an alleged fraudulent cryptocurrency investment platform that reached a peak market capitalization of $3.4 billion. According to court documents, … earnity login
BitConnect Founder Indicted in Global $2.4 Billion Cryptocurrency
WebJan 3, 2024 · BitConnect hoạt động dưới hình thức Lending, hay còn gọi là việc huy động vốn từ các nhà đầu tư. Cụ thể, họ sẽ cho người khác vay tiền và nhận số lãi khá cao (từ … WebBitConnect (BCC) was an allegedly open source cryptocurrency and the native token of the now-defunct ponzi scheme BitConnect. Launched in February 2016, shortly after the project itself, BCC aimed to function as … WebJan 17, 2024 · Active loans are being transferred to wallets in BitConnect Coins (BCC) at a rate of $363.62, a rate gathered from a 15-day average. ... If they are given 1 BCC for … csws consultoria