Following months of red flags, Bitcoin investment platform BitConnect – which has long been suspected of running a Ponzi scheme – has officially announced its platform is shutting down. In a blog post ...

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 ...

Amid allegations of being a Ponzi scheme and having suffered multiple DDoS attacks, lending and exchange platform Bitconnect has announced that it is shutting down. In a release on its website the ...

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 ...

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 ...

BitConnect, a cryptocurrency exchange with a dubious reputation, announced on Tuesday that it was closing down its lending and trading platform. Citing bad press, two cease-and-desist letters from the ...

This week, the FBI announced it is seeking potential victims of the cryptocurrency Ponzi scheme BitConnect. BitConnect was a cryptocurrency and lending platform released in 2016 which promised high ...

India's anti-money laundering unit said it seized about 16.5 billion rupees ($190 million) worth of crypto, some cash and a Lexus car during investigations into the collapse of the BitConnect ...