Tag: sad

Ponzi Scheme BitConnect Plummets 90%

For naive investors who invested in BitConnect (BCC), today¬†featured an exponentially bigger loss than the general cryptocurrency downtrend. After discontinuing its “lending” program, BCC instantly plummeted over 90% from the day’s high, dropping from over US$330 to a low of just under US$20. While most of the community had warned about the blatant scam represented by BitConnect’s lending program, the Ponzi still rose to a market cap of almost US$3 …
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