Roughly 800 victims of the infamous BitConnect scheme will soon see a portion of $17 million in restitutions per a ruling in a court in California. Per the US District Court for the Southern District ...

In a menacing turn of events yesterday, Bitcoin investment lending platform BitConnect abruptly announced it is shutting down its lending and exchange services. But while this sudden “curveball” might ...

Historically speaking, no investment class has delivered more consistent returns over the long run than stocks. Over time, they have demonstrated an average annual return of 7%, inclusive of dividend ...

The indicted founder of crypto trading platform BitConnect has gone off the grid – leaving federal officials unable to formally serve him with a lawsuit in connection to an alleged $2.4 billion Ponzi ...

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Bitconnect is being sued yet again, according to a document filed today with the US District Court of Northern California. This lawsuit, to the best of our knowledge, is the sixth brought against the ...

One of the directors involved in the BitConnect cryptocurrency Ponzi scheme has pleaded guilty to his role in the conspiracy. This week, the US Department of Justice (DoJ) said that Los Angeles ...

The cryptocurrency community is slowly but steadily growing more suspicious of BitConnect and its dubious business model. Crypto pioneers, including Ethereum founder Vitalik Buterin and Litecoin ...