How Is Bitconnect Related To Bitcoin

Last Updated on February 27, 2023 by Paganoto

Bitconnect – Wikipedia

Bitconnect was an open-source cryptocurrency that was connected with a high-yield investment program, a type of Ponzi scheme.

BitConnect Founder Indicted in Global $2.4 Billion …

BitConnect is an alleged fraudulent cryptocurrency investment platform that reached a peak market capitalization of $3.4 billion.

The Rise and Fall of BitConnect: An Internet Famous Ponzi …

Essentially, as a BitConnect user, you would send your Bitcoin to them (yes, your Bitcoin, we’ll come to that later), and then they would use a …

How BitConnect pulled the biggest exit scheme in …

After launching in early 2017, Bitcoin investment lending platform BitConnect became the largest scam in cryptocurrency ever.

Celsius and BitConnect: Not So Different? – CoinDesk

Both Celsius and BitConnect issued their own token, and both leveraged their token to mislead users about the returns they were receiving.

U.S. selling seized cryptocurrency in BitConnect fraud case

The BitConnect scam is alleged to have swindled thousands of people in the U.S. and abroad out of more than $2 billion worth of bitcoin.

What is the difference between Bitconnect and Bitcoin? – Quora

Well, there are quite a few differences. Both are cryptocurrencies, but Bitconnect is an altcoin, whereas Bitcoin is basically a category all of its own, being …

BitConnect founder indicted for $2.4 billion cryptocurrency …

BitConnect was a fraudulent cryptocurrency investment platform launched in 2016 that the DOJ said reached a peak market capitalization of $3.4 …

BitConnect: Bitcoin Robots Trading Platforms [Bitcoin Robot …

Although, when it first surfaced in the cryptocurrency trading sector, BitConnect was related to a Ponzi scheme. Bitconnect was originally a bitcoin lending …

What Is BitConnect? – WeUseCoins

4. Once you have confirmed bitcoin wallet balance, you can buy BitConnect coin with your desired buying rate from BCC Exchange. (Remember: Your bitcoins goes …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.