Bitconnect: The full history of crypto’s most infamous Ponzi scheme

Bitconnect was a US$2.4 billion crypto Ponzi scheme that collapsed in 2018 and remains one of the most consequential frauds in digital asset history. Launched during the 2017 cryptocurrency boom, Bitconnect promised a guaranteed 1 percent daily return through an alleged proprietary trading bot. The scheme expanded globally through aggressive affiliate marketing, YouTube promotion and … Continue reading Bitconnect: The full history of crypto’s most infamous Ponzi scheme