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 ...

Following months of red flags, Bitcoin investment platform BitConnect – which has long been suspected of running a Ponzi scheme – has officially announced its platform is shutting down. In a blog post ...

BitConnect, an anonymously-run cryptocurrency lending and exchange platform long suspected of being a well-marketed Ponzi scheme, abruptly ceased operations on Tuesday after receiving cease-and-desist ...

One of the directors involved in the BitConnect cryptocurrency Ponzi scheme has pleaded guilty to his role in the conspiracy. This week, the US Department of Justice (DoJ) said that Los Angeles ...

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 ...

Over the past few days, I’ve been revisiting the story of the massive 2016-2018 crypto scam BitConnect for an upcoming project. One of my surprising takeaways is that, though BitConnect was a shady ...

Roughly 800 victims of the infamous BitConnect scheme will soon see a portion of $17 million in restitutions per a ruling in a court in California. Per the US District Court for the Southern District ...

U.S. law enforcement authorities will start liquidating roughly $57 million worth of cryptocurrency seized from the now-defunct BitConnect crypto exchange to provide some restitution to defrauded ...

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 ...