*This does NOT in any way suggest that BitConnect is a Ponzi Scheme! *

Actually this is a completely normal response to any company in the UK that hasn't updated their confirmation statement. This does not at all mean that the UK is saying that BITCONNECT LTD is a Ponzi scheme, and they are in no way suggesting that based on this notice.

Do some research on the laws that govern business before assuming that everything you read on the Internet is factual. That silly post about this notice is just that: silly, and people jump to conclusions immediately and write up a juicy article for clickbait.

https://www.legislation.gov.uk/ukpga/2006/46/section/1000 --- This is the government site, section 1000. This is sent to ANY business that hasn't updated their status and the government simply assumes that they are not going to remain in business. Very simple.

This is very basic. If any business doesn't keep up with their filings in time, government ASSUMES that you are not doing business anymore and dissolves the company. This exists in basically any business ruling in most countries that have this type of business registry.

Now, if BITCONNECT LTD does not file within the given timeframe, then it gives reason to worry.

Approximately how many SDC coins would one need for staking to become part of the mining process?