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 ...

Based in Britain, BitConnect markets itself as an “open source, all-in-one Bitcoin and crypto-community platform designed to provide multiple investment opportunities,” with a present market ...

What looked too good to be true ended up being just that, as Bitconnect has all but closed its doors. Long accused of being a Ponzi-scheme, Bitconnect shut down its cryptocurrency exchange and lending ...

This week, we dig into the rise of BitConnect, the strange kidnapping case that ultimately helped unravel the scheme and an important Texas Securities Commission cease and desist order. Listen or ...

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 ...

BitConnect's founder was indicted by a federal grand jury for orchestrating a $2.4 billion cryptocurrency Ponzi scheme, the U.S. Justice Department said. Satish Kumbhani, 36, of Hemal, India, the ...

BitConnect is in the midst of closing its cryptocurrency lending and exchange platform, following warnings from US regulators and speculation that the platform is little more than a Ponzi scheme. In a ...

The Australian Securities and Investments Commission (ASIC) has announced the former Australian promoter of BitConnect has been charged for his involvement in the folded cryptocurrency project that ...

India’s law enforcement has arrested a man suspected of kidnapping two people connected to a once well-known crypto “Ponzi” in an attempt to “recover his investment.” In an Aug. 17 statement, the ...

One of the things that made BitConnect so resilient to criticism was its wide network of promoters, shamelessly shilling the company on YouTube and other social media channels. But it seems that even ...

John Louis Anthony Bigatton will not be providing financial services in Australia and likely not anywhere else, anytime soon. On Thursday, September 3, 2020, the Australian Securities and Investments ...

If it seems too good to be true, it probably is. Historically speaking, no investment class has delivered more consistent returns over the long run than stocks. Over time, they have demonstrated an ...