WebJan 17, 2024 · Citing negative press and recent legal troubles, anonymously-run cryptocurrency firm BitConnect has announced the shutdown of its lending program and Exchange platform. Users with active loans on the platform have been promised a payback of $363.42 for each of the BitConnect tokens (BCC) that were locked into a loan. WebMay 28, 2024 · The SEC has charged five people with promoting BitConnect, which it alleges was an unregistered digital securities offering. SEC Charges BitConnect Promoters Over $2 Billion Token Sale. News Courses Deep Dives Coins Videos. Coin Prices. Price data by. AD. News Coins. SEC Charges BitConnect Promoters Over $2 Billion Token …
BCC Bitconnect Lending Plan Bitconnect.co Online MLM Plan
WebSep 1, 2024 · Bitconnect, which shut down in 2024, has been sued by the SEC for raising $2 billion in Bitcoin in an unregistered securities offering. SEC Sues BitConnect Over $2 Billion Token Sale—Three Years Later. News Courses Deep Dives Coins Videos. Coin Prices. Price data by. AD. News Coins. SEC Sues BitConnect Over $2 Billion Token … WebA Securities and Exchange Commission (SEC) civil lawsuit has been filed against five individuals allegedly involved in promoting BitConnect’s “lending program”. BitConnect shut down it’s main lending platform operations in 2024 after regulatory warnings and allegations of fraud. The SEC’s Civil Lawsuit try to relax
BitConnect Founder Indicted in Global $2.4 Billion Cryptocurrency
WebJan 17, 2024 · 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 – titled “Changes coming for the Bitconnect [sic] system – Halt of lending and exchange platform” – released on its official ... The Bitconnect Coin was among the world's top 20 most successful cryptocurrency tokens 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 2024; it declined to US$0.40 as of March 11, 2024. See more Bitconnect (also spelled BitConnect and KimConnect; stylized bitconnect, ticker code BCC) was an open-source cryptocurrency in 2016–2024 that was connected with a high-yield investment program, … See more Bitconnect was released in 2016 with the goal of allowing users to lend the value of Bitconnect Coin in return for interest payments. The marquee program was the so-called lending platform where users traded Bitcoin for Bitconnect Coin and could lock in the … See more On October 28, 2024, Bitconnect held its first (and only) annual ceremony in Pattaya, Thailand. During the event, an investor named Carlos Matos from New York City gave an exuberant presentation and testimonial about the website, which included him … See more • Official website (last archived version, 28 November 2024) See more Bitconnect was suspected of being a Ponzi scheme because of its multilevel marketing structure and impossibly high payouts (1% daily compounded … See more On January 16, 2024, Bitconnect announced it would shut down its cryptocurrency exchange and lending operation after regulators from Texas and North Carolina issued a cease and desist order against it. On January 31, 2024, a U.S. District Court, … See more • List of cryptocurrencies • OneCoin • PlusToken • USI Tech See more phillips county assessor\u0027s office arkansas