If closing the entire platform wasn’t bad enough, BitConnect has now been hit with a lawsuit by a group of investors alleging that the BitConnect “crypto wonderland” was, in fact, a “wide-reaching Ponzi scheme.”
BitConnect officially shuts down>>
The legal complaint was filed in Florida by six individuals on their own behalf, as well as on that of all the others who lost their money by investing in BitConnect. The six plaintiffs stated that their personal losses amounted to $771,000.
Launched in 2016, BitConnect allegedly promised investors a 40% monthly return by ...
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