It was the most successful Ponzi-scheme in crypto so far. After the team announced to close their platform, everyone tried to sell their coins and the price dropped from $320 to $20 in only 24 hours. The scam was so successful that some people are still trading with their BCC and the coin has still a value of $2 atm.
Is Bitconnect.co a Scam?
Disclaimer: Bitconnect.co Cryptocurrency | Bitconnect.co ICO
Bitconnect.co is a cryptocurrency project that issued Bitconnect.co tokens to its community. Scams in the cryptocurrency space take form in many ways, including exit scams or undedicated project developments.
Is Bitconnect.co a Scam ICO?
Data on whether Bitconnect.co conducted a scam ICO, a scam mining operation, or a scam masternode project is cited above from external sources and CoinCurb does not take responsibility for claims against Bitconnect.co or in support of Bitconnect.co. The data is only an aggregation of claims cited against Bitconnect.co.
The above claims about Bitconnect.co (ICO), Bitconnect.co’s token, or Bitconnect.co’s team are externally sourced. They may claim that:
– Bitconnect.co did an ICO and then exit scammed
– Bitconnect.co has an undedicated project development after the Bitconnect.co ICO
– Bitconnect.co token got pumped and dumped by the Bitconnect.co team
– Bitconnect.co is a dead project with a worthless Bitconnect.co token
However, external claims about Bitconnect.co project, Bitconnect.co token, Bitconnect.co team, or even Bitconnect.co advisors may not be supported by accusers of Bitconnect.co ecosystem and thus individuals seeking to learn more Bitconnect.co team or about the Bitconnect.co cryptocurrency are recommended to directly contact Bitconnect.co team members or Bitconnect.co token investors.
CoinCurb does not itself decide if a project is a scam and thus does not claim Bitconnect.co is an exit scam or that Bitconnect.co is any other type of scam, nor does CoinCurb insinuate that Bitconnect.co (or Bitconnect.co token) team are scammers or that Bitconnect.co (or Bitconnect.co token) advisors are scammers. CoinCurb allows viewers to reference sources related to Bitconnect.co development, Bitconnect.co token trading, and/or Bitconnect.co team as an uncertain reference when deciding if Bitconnect.co is a scam or Bitconnect.co is not a scam.