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 ...

Numerous users complained on social media they couldn't cash out their BCC tokens on BitConnect's site following the shutdown of its lending platform. Updated Sep 13, 2021, 7:23 a.m. Published Jan 17, ...

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 ...

One of the things that made BitConnect so resilient to criticism was its wide network of promoters, shamelessly shilling the company on YouTube and other social media channels. But it seems that even ...

What looked too good to be true ended up being just that, as Bitconnect has all but closed its doors. Long accused of being a Ponzi-scheme, Bitconnect shut down its cryptocurrency exchange and lending ...

BitConnect, an anonymously-run cryptocurrency lending and exchange platform long suspected of being a well-marketed Ponzi scheme, abruptly ceased operations on Tuesday after receiving cease-and-desist ...

The controversial and recently defunct cryptocurrency trading platform BitConnect has been hit with a class action lawsuit from former users who claim the company stole more than $770,000 from them.

BitConnect's founder was indicted by a federal grand jury for orchestrating a $2.4 billion cryptocurrency Ponzi scheme, the U.S. Justice Department said. Satish Kumbhani, 36, of Hemal, India, the ...