Bitconnect(BCC) could be shutting down soon

in cryptocurrency •  7 years ago  (edited)

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Bitconnect has made many investors a lot of money but this could just be it's last days of glory.

A lot of skeptics have doubted how bitconnect is run with even Ethereum founder, Vitalik Buterin calling it a ponzi scheme.

BCC is currently under scrutiny by UK regulatory authorities

Read more here: https://thenextweb.com/hardfork/2017/11/13/bitcoin-bitconnect-uk-ponzi-investment/

Update: thenextweb has confirmed that the company being investigated is a different entity and not bitconnect(bcc)

Img source: bitconnectpool.co

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Bitconnect has already taken steps to prolong its viability, including filing new registration documents. Have you seen where the website is hosted? How is UK going to shut it down?

  ·  7 years ago (edited)

Looks like the company being investigated and bitconnect(BCC) are two different entities according to thenextweb's update.