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 directors involved in the BitConnect cryptocurrency Ponzi scheme has pleaded guilty to his role in the conspiracy. This week, the US Department of Justice (DoJ) said that Los Angeles ...

The NC Secretary of State’s office has ordered BitConnect, a cryptocurrency trader, to halt its operations in North Carolina. Dreamstime/TNS TNS Cryptocurrency traders in North Carolina have hit their ...

On Friday, May 28, the U.S. Securities and Exchange Commission announced civil securities fraud charges against five U.S. promoters of Bitconnect, an alleged fraud that operated along the lines of a ...

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 ...

The cryptocurrency community is slowly but steadily growing more suspicious of BitConnect and its dubious business model. Crypto pioneers, including Ethereum founder Vitalik Buterin and Litecoin ...

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 indicted founder of crypto trading platform BitConnect has gone off the grid – leaving federal officials unable to formally serve him with a lawsuit in connection to an alleged $2.4 billion Ponzi ...

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 ...

A group of investors sued BitConnect, alleging that the cryptocurrency exchange platform was a “wide-reaching Ponzi scheme” and seeking potentially hundreds of millions of dollars in damages.