Yes very sad to the people that lost money. My friend was telling me about his friend from America who lost 30k! and he was refunded in bitshares which are now useless.
I guess the question is now what can be done to help those people?
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RE: Bitconnect Loses ~90% of Previous Value
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Bitconnect Loses ~90% of Previous Value
It is really sad to see a well-known crypto platform go down in such a dramatic way, I think it highlights some of the very real dangers of investing in certain cryptocurrencies but it's also bad publicity as some people may not take the time to research good investments from poor ones.
As for what is to be done, I would like to see some of the owners compensate users in a different currency. I know it is very unlikely but even if people were given a fraction of what they lost I think it would look good on the rest of the crypto community.
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