which govt? Bitconnect is/was not based in the US so any cease & desist orders sent to it by Texas or North Carolina or even by the UK authorities would have had little consequences for an operation in SE Asia. No, they realised with bitcoin price dropping and fresh "investors" into the pyramid on the decline, they had to stop paying everyone, take their amassed pile of Bitcoins and spend the rest of their lives on a beach in Koh Samui :D