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January 17, 2018 01:58 am GMT
Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it’s shutting down. In a release on its website the platform said the shutdown is attributed to “continuous bad press” surrounding the platform, two cease and desist letters from both Texas and North Carolina’s securities boards,… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/e3pQmFZ2iig/
Bitconnect, which has been accused of running a Ponzi scheme, shuts down
Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it’s shutting down. In a release on its website the platform said the shutdown is attributed to “continuous bad press” surrounding the platform, two cease and desist letters from both Texas and North Carolina’s securities boards,… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/e3pQmFZ2iig/
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