anna_returns_2 Posted March 1, 2022 Report Share Posted March 1, 2022 https://www.coindesk.com/policy/2022/03/01/bitconnect-founder-convicted-in-24b-ponzi-scheme-has-disappeared/ Quote Link to comment Share on other sites More sharing options...
Gcp Posted March 2, 2022 Report Share Posted March 2, 2022 Bitconnect was suspected of being a Ponzi scheme[10] because of its multilevel marketing structure and impossibly high payouts (1% daily compounded interest).[6][7][11] Bitconnect interest fluctuated greatly with the volatility of Bitcoin, which its value was tied to. The Bitconnect Coin was among the world's top 20 most successful cryptocurrency tokens[12] 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 2017; it declined to US$0.40 as of March 11, 2019. 1 Quote Link to comment Share on other sites More sharing options...
Gcp Posted March 2, 2022 Report Share Posted March 2, 2022 Copied from wiki Quote Link to comment Share on other sites More sharing options...
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