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RE: Explaining todays chaos in crypto
The company behind the controversial BitConnect has announced that it will close the lending and exchange platform Where they received a message from two organizations in Texas and North Carolina. The content of the letter was that BitConnect was involved in the sale of unregistered securities linked to the symbolic sale.
Where did you hear that?
Directly on the BCC website, and confirmed here:
https://news.bitcoin.com/bitconnect-shuts-exchange-citing-string-excuses/
and also here:
https://www.reddit.com/r/litecoin/comments/7qvtav/breaking_bitconnect_says_it_is_shutting_down_its/
https://medium.com/@coindesk/bitconnect-shutters-crypto-exchange-site-after-regulator-warnings-be7e1566d1c0