[cryptomonitor NEWS] BitConnect is dead - its lending and exchange platform shutts down OMG !!!! IT'S OVER !
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 website, the company said that is “closing the Bitconnect [sic] lending and exchange platform.” The website has since gone down.
“In short, we are closing lending service and exchange service while BitConnect.co website will operate for wallet service, news and educational purposes,” it ended.
Those interested to see the full statement can refer to a screenshot captured by independent Twitter sleuth @BCCPonzi, who has been documenting the investment platform’s shady business for months.
You can see more here in screenshot:
BITCONNECCCCCTTTTT!!!! ... i really hope,
that this guy is OK..
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Now the market is a bit cleaner ^^
This was obviously an unsustainable business.
This comment has received a 15.92 % upvote from @sleeplesswhale thanks to: @discernente.
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I saw that coming months ago lol
I hope Carlos is alright! :/
Thank you very much for the useful informations
I feel sorry for all the people that invested their money into this due to big youtubers. Crypto Nick in his video said he wondered how this was gonna come to an end, which indicates he knew this was going to happen sooner or later.
It's a shame he referred all of them just to enhance his own financial situation.
Oh! My God, I saw this coming, but never expect it to come this soon.
I think you're a super editor. Thanks for useful share
This is unfortunate. Most people couldn't get their coins out in time because of the high volume of traffic to the site.
There's 2 people on Youtube I trust when it comes to cryptocurrency.
And both of them said that Bitconnect might be a scam...
Enough for me to back out from that coin.
Who ?
Chase that Coin is the best!
Omg just few days ago I saw a post about it been suspected as fake, I never gave such interest in it though.