In other news, BitConnect Founder and CEO Uncle Pennybags met via teleconference with several major media outlets. He then issued the following statement:
"Due to recent disclosure of the fact that BitConnect is a Ponzi scheme, Bitconnect has decided to close it's doors, shuttering the lending and exchange portals indefinitely. The only reason I'm telling you this is because 2 of the IT guys we paid to DDoS our servers quit, citing unfair working conditions. Don't worry though, 'cause I'm already in Aruba and our investors' Bitcoin is safe in my untraceable wallet. Cheers!"
Currently BCC is trading at $37.68