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bitconnect

02/06/2018 / By Ethan Huff

India announces determined plan to “eliminate” Bitcoin… cryptos tumble

Yet another country, India, has announced plans to try to squelch the growth of Bitcoin. As reported by Zero Hedge, the government of the seventh largest country in the world now admits that it wants to eliminate the cryptocurrency entirely, as it doesn’t see the digital currency as acceptable. In a recent announcement, India’s finance […]

02/05/2018 / By Ethan Huff

Before it collapsed, BitConnect hucksters thought they were the masters of the universe… hilarious video shows the insanity

Carlos Matos, the shameless scammer behind the infamous BitConnect Ponzi scheme, has become one of the internet’s latest and most hilarious “memes.” That’s because just months prior to the cryptocurrency exchange’s demise, Matos was seen on stage at a New York event screaming and wailing about how great BitConnect supposedly was, which has since earned […]

01/22/2018 / By Ethan Huff

BitConnect collapse reveals that cryptocurrency sites can really only succeed as long as they receive good press to build “confidence”

A major cryptocurrency exchange known as BitConnect has shut down its trading platform and reverted to just a storage wallet following recent crackdowns by state authorities for the alleged unauthorized sale of securities. In a recent blog post published to the company’s website, BitConnect also pointed to “bad press,” which it says eroded consumer confidence […]

01/17/2018 / By David Williams

BitConnect shuts down after accusations it was running a cryptocurrency Ponzi scheme

While it may have been fun – and profitable – for some people while it lasted, the leading Bitcoin investment platform BitConnect has finally announced that it is shutting down. It announced its decision via a blog post on the official BitConnect website titled, “Changes coming for the Bitconnect system – Halt of lending and exchange platform.” The […]

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