I did some analysis and i dont belive it is a scam because it would mean they are the worst scammers world have ever seen.
Compare trafic statistics:
http://ethconnect.net.hypestat.com/http://hextracoin.co.hypestat.com/http://regalcoin.co.hypestat.com/http://westerncoin.co.hypestat.com/They have as much traffic as hextra, and hextra coin is at 15USD now. Regal have x2 traffic and its at 56USD price.
They didnt even launched yet and have huge movement on site(imagine traffic when they open up)
It would be so stupid to run with 15mln if you could make 300mln easy.
Just think about it.
No other new lending platform have traffic even close to ethconnect.
Im not even talking about
http://westerncoin.co.hypestat.com/ that is trading at 3USD price, but 6x less traffic.
Keep in mind that 90% of landing platform ICOs makes it into exchange simply because its very proffitable.
Only one didnt, and it was elektracoin with wordpress template and witn no wallet. Owner didnt even know how to make it possible, if he would, it would be another success.
Also to suggest they gave back millions in btc, what sort of scammers do that? Also don't forget its very early in Japan/Vietnam where-ever the fuck they are from. Something could of happened to their site whilst asleep and they haven't been able to fix it. Also, still getting ping replies.
Pinging ethconnect.net [2400:cb00:2048:1::6814:9a39] with 32 bytes of data:
Reply from 2400:cb00:2048:1::6814:9a39: time=19ms
Reply from 2400:cb00:2048:1::6814:9a39: time=21ms
Reply from 2400:cb00:2048:1::6814:9a39: time=16ms
Reply from 2400:cb00:2048:1::6814:9a39: time=17ms
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