Is bitconnect a cryptocurrency

is bitconnect a cryptocurrency

0.01865652 btc to usd

Attorney's Office for the Southern liquidation of the cryptocurrency follows "the largest single recovery of who consented to the seizure United States to date.

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Investors believed they were investing in cryptocurrency, but BitConnect's proprietary coin and digital coin exchange were indeed fraudulent. Unlike other major cryptocurrencies, BitConnect was anonymously run and unregistered with securities regulators in the U.S. and Canada. Potential investors. �This indictment alleges a massive cryptocurrency scheme that defrauded investors of more than $2 billion,� said U.S. Attorney Randy Grossman.
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  • is bitconnect a cryptocurrency
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    calendar_month 12.11.2021
    This remarkable phrase is necessary just by the way
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Circulating supply. Thereafter, legal problems with BitConnect saw its organizers exit the scheme, leaving investors with nothing and the value of BCC at virtually zero, where it has remained ever since. However, soon after that news the internal exchange price and liquidity collapsed resulting in a nearly complete loss of value. On January 16, , 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.