The cryptocurrency world has seen many potential scams, fraudulent ventures, and projects which were abandoned fairly quickly. BitConnect has been one of the darkest stains in the industry as a whole. Even today, it still leaves its mark, primarily because the FBI is still investigating the matter. They actively seek out victims who fell victim to this major scam in 2016, 2017 and early 2018.
The BitConnect Story is not Over yet
Most cryptocurrency users will be familiar with BitConnect by now. This Ponzi Scheme dominated the landscape between 2016 and very early 2018. After seeing a lot of initial success, the project peaked at a market cap of $2.6nbn, which is absolutely insane. Looking back on how this project unfolded, it is evident a lot of people fell victim due to high expectations and empty promises.
What made BitConnect…