Bitconnect legit_

Aug 20, 2018

http://twitch. Bitconnect exhibited an array of early warning signs that indicated the project was a scam, such as promising huge returns on investments and giving little to … Feb 01, 2018 Glenn Arcaro Argues Bitconnect Is Gambling And Is Not A Security Glenn Arcaro, a top U.S. Bitconnect investor, moved to dismiss a class-action lawsuit filed by the platform’s victims. Arcaro argued that other investors were “disappointed gamblers,” that the laws cited in the class-action lawsuit “do not apply to him,” and that he has “no […] “BitConnect coin is an open source, peer-to-peer, community-driven decentralized cryptocurrency that allows people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment. Dec 19, 2017 · BitConnect: Is It Legit or a Ponzi Scheme? BitConnect is a Bitcoin investment platform and a cryptocurrency released in 2016.

20.06.2021 Bitconnect legit_

No. Bitconnect recently shutdown their lending platform after several cease and desist letters and Jan 17, 2018 Bitconnect, the lending and exchange platform that was long from market fluctuations and volatility is a legitimate trading strategy, and one Mar 5, 2020 The bitconnect scam just goes to show why everyone should do proper due diligence before buying any cryptocurrency. The problem with BCC So, what was the whole concept of bitconnect about and how did they manage to pull off the biggest scam in the cryptocurrency world? For starters, when you Aug 15, 2017 Bitconnect allows our the lend out Bitconnect for immense profits - But is it a Scam? This is not financial advice. Bitcoin Trust and Excange. 85-90% Of BCC is exchanged on a bitconnect controlled exchange might not be sketchy but could easily Oh wait, I think if found there last exit scam. 22 votes, 83 comments.

Aug 13, 2020

It has been exposed as a scam/ponzi. The lending platform has shut down and a bunch of people have lost their money. The coin value is $11 dollars right now after being up at $400. It will never go back up there again.

BitConnect is a ponzi scheme, or a fraudulent investment scam. What Was the BitConnect (BCC) Ponzi Scheme? BitConnect (BCC) was an allegedly open source cryptocurrency and the native token of the now-defunct ponzi scheme BitConnect.

Makes observations that: After doing … Its still not to late to join bitconnect get your ROI and make extra money. I didnt invest on this for a long time thinking it was a scam. Finally decided I had $100 I could throw away. I have since made that back and more.

$100 investment I will give you $7 $1000 investment I will give you $70 $10,000 investment I will give you Jan 17, 2018 · Guaranteed to earn investors up to 40 percent total return per month, BitConnect followed a four-tier investment system based on the sum of initial deposit – the more cash you put down, the bigger Jan 25, 2021 · Bitconnect was a cryptocurrency scam that went from obscure in 2016 at about US$ 0.17 to a high of $436 in 2017. It screamed of potential, becoming a top 20 cryptocurrency token. This couldn’t last, as the price came crashing to $0.40. Regulators came cracking down on the project, forcing its cessation in 2018.

The Signs That BitConnect Was a Scam The Crazy Proof of Stake returns. A 110% return per year is insane compared to the returns that even the most popular PoS coins give. Aug 13, 2020 · No, Torque Bot is not legit. First of all, it is a completely anonymous operation. On its website we found no contact information at all. Claims about offices in Singapore and other countries are extremely likely false.

On January 3, 2018, Texas State Securities Board issued a cease and desist to the company, calling it a Ponzi scheme, and citing failings in user earnings transparency, and misleading statements. Its still not to late to join bitconnect get your ROI and make extra money. I didnt invest on this for a long time thinking it was a scam. Finally decided I had $100 I could throw away. I have since made that back and more. Join my team!!! $100 investment I will give you $7 $1000 investment I will give you $70 $10,000 investment I will give you Summary: BitConnect is the grandfather of all pump and dump schemes, and may be one of the original companies who started making their own cryptocurrency.This company has shut down since 2018 and many of its owners are already in jail, but there are several clones proliferating the Internet.

David Hay starts his review of BitConnect by offering a $1000 bounty to anyone that can prove that the trading bot is doing what it says its doing. Makes observations that: After doing … Its still not to late to join bitconnect get your ROI and make extra money. I didnt invest on this for a long time thinking it was a scam. Finally decided I had $100 I could throw away. I have since made that back and more.

But it is important we cover all aspects of BitConnect and its own methods, so traders may better understand what could occur with their cash. On November 7, 2017, the government of the United Kingdom issued Bitconnect a notice with two months to prove its legitimacy. On January 3, 2018, Texas State Securities Board issued a cease and desist to the company, calling it a Ponzi scheme, and citing failings in user earnings transparency, and misleading statements.

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Nov 18, 2020 A man alleged to have promoted the cryptocurrency fraud BitConnect faces a prison term in Australia.

The origins of the Bitconnect scam are not completely clear, though it is widely believed that it started in India. Oct 07, 2020 · The word scam immediately came to mind. Not a low effort phishing email type scam. But a more elaborate, well-funded Bitconnect style scam that warrants everyone’s attention. Few Million Dollars lost in BitconnectMy Social MediaFacebook - https://goo.gl/dcs8Jh Aug 04, 2017 · BitConnect Review – Company. Unlike established companies like Rodan and Fields, BitConnect doesn’t provide any information on who actually runs the show… I decided to check out the BitConnect website domain information and found out that “bitconnect.co” was registered on February 9th, 2016 but it was set to private. In other words… Bitconnect is a Ponzi/scam, not up for dispute How can people say that BitConnect isn't a scam anymore?!