Yea i had seen that but I made sure to use heavy deductive reasoning before coming to a conclusion...especially based on how many people just been waiting on the day to say "I told you so".
If I was top US promoter and multiple states in my country submitted Cease & Desist motions, you wouldnt be able to find me either lol. Not saying Glenn is a good or bad guy cuz i dont know him, but I wouldnt be all that easy to access considering all the threats and shit. Only the most honorable type of person will take all that head on. But I feel like all these talks of lawsuits are shenanigans just trying to further crush the value and rep of the coin. The fine print everybody agreed to when we signed up protects promoters and so forth.
I saw this coming at some point when the Bitcoin futures started in December. Thats why Texas and NC now can say BCC was performing as a security. Bitcoin becoming more legit and recognized as an asset was Bitconnects biggest problem going forward.
Up until we seen motions filed to stop the lending and the DDOS attacks, i feel Bitconnect always over-promised and under-delivered.
Indeed, we all took a loss of about 90% based on the coin dropping (because everyone immediately sold) but this is crypto....hell if you bought TRX at its high a few weeks ago you'd be taking the same kind of loss.
At the end of the day this is more about regulation than anything else. The more banking/financial institutions that use Bitcoin, the harder it's going to be to earn from it, off the books especially.