Bitconnect(BCC) could be shutting down soon

in #cryptocurrency7 years ago (edited)

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Bitconnect has made many investors a lot of money but this could just be it's last days of glory.

A lot of skeptics have doubted how bitconnect is run with even Ethereum founder, Vitalik Buterin calling it a ponzi scheme.

BCC is currently under scrutiny by UK regulatory authorities

Read more here: https://thenextweb.com/hardfork/2017/11/13/bitcoin-bitconnect-uk-ponzi-investment/

Update: thenextweb has confirmed that the company being investigated is a different entity and not bitconnect(bcc)

Img source: bitconnectpool.co

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Bitconnect has already taken steps to prolong its viability, including filing new registration documents. Have you seen where the website is hosted? How is UK going to shut it down?

Looks like the company being investigated and bitconnect(BCC) are two different entities according to thenextweb's update.