Bitconnect a Scam?steemCreated with Sketch.

in cryptocurrency •  7 years ago 

Is Bitconnect a scam? Vitalik seems to say so!

https://twitter.com/bccponzi/status/926038117198508032

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I think it may have started off as a scam but they are doing so well it might not be anymore haha

They created a coin that is now worth billions of dollars! They could pay out clients for a very long time just off that alone.

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Exactly. It is a Ponzi scheme. See a detailed due diligence: http://blog.icoindex.com/why-icoindex-has-labeled-bitconnect-as-an-outright-fraud/