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 ...

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 ...

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 ...

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 ...

A San Diego federal judge on Thursday ordered the top U.S.-based promoter of a worldwide cryptocurrency scam to pay more than $17.6 million in restitution to nearly 800 victims from around the globe.

The Australian Securities and Exchange Commission claims that John Louis Anthony Bigatton promoted the crypto lending platform at four seminars and via two social media posts. An Australian man has ...