Friday, June 5 2020
Binance Charity Gets Acknowledged by Kaigo Business Providers
Brian Armstrong Opens Up on Black Lives Matter Campaign, Announces Financial Support
How Long Will Bitcoin (BTC) Take to Hit a Fresh All-Time-High?
Klip Wallet Launched Within KakaoTalk Messenger App
Bitcoin Prices in Post COVID-19 Era
Opium Exchange Goes Live, Consuming Chainlink’s Price Reference Data
Dogecoin Bulls Resume the Uptrend; Investors Can Wait for Further Growth
Save The Date: TradeON Summit Coming July 15, 2020
Ontology Collaborates with Flipside; Brings New Forms of Transparency
Bitcoin is NOT DEAD; It is Just Another Day in Crypto!!
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BitConnect is an open-source cryptocurrency. It has been described as a high-yield investment program and a Ponzi scheme. Bitconnect was shut down in January 2018. The token was still in circulation but crashed in price. Since September 2018, the token has been delisted from Trade Satoshi, the last exchange that traded it. It was released in 2016 and had the goal of allowing users to lend Bitcoin for interest. Though this goal was never accomplished, BCC acted as an altcoin but allowed users to earn interest on their own wallet. On November 7, 2017, the government of the UK issued Bitconnect a notice stating they had two months to prove their legitimacy. On January 17, 2018, Bitconnect shut down, and its prices crashed by 92% immediately. However, the Bitconnect X website remained open and operational, having just begun its ICO and allowing users to purchase BCCX coins with their BCC coins. On January 31, 2018, due to a temporary restraining order, Bitconnect’s assets froze, expiring on February 13th.
FBI Interrogates Bitcoin Racket Mastermind Arrested by The CID in Surat, US Agency’s First Visit to India
July 25, 2019
August 7, 2018
BitConnect Promoter Calen Powell Detained and Questioned by FBI
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