Bitconnect likely to be a ponzi

[rizkyhiw]

Update:
Our BitConnect cryptocurrency will be removed from all exchanges on March 19, 2018.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Only until March 19, 2018.
From that day, the currency will no longer have any value and will stop circulating.
Follow the instructions in the following article:
http://telegra.ph/GUIDE-TO-RECOVER-THE-INVESTMENT-FOR-THE-BITCONNECT-BCC-CRYPTOCURRENCY-02-26

You can check future updates through the BitConnect twitter.
https://twitter.com/BitConnectUK

For technical problems related to the synchronization of your wallet, you should contact us by email by writing to support@bitconnect.co or visiting our website www.bitconnect.co

I highly doubt they would really be buying back those tokens, but you guys should give it a try. If you can sell back at least 300 tokens of yours that is something of an amount still, will there be a catch to this offer? Most probably.

Those who didn't listen to early warnings of them being scam might not wanna be in crypto anymore.
A local friend that isn't in this forum hasn't dumped but had bought about 300 coins while the price at $200. I told her to sign up here and check what people are telling about bitconnect but she's what she is.

They will not go back to buy a token that has been spread widely. Bitconnect is too clever to show that they are a very good project, but In fact they are a scam.
Scam will always be in the crypto just for the sake of someone who gives a loss to those who do not care about fraud. Some friends also get a loss by buying 500token bcc.

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[LastJedi]

Carlos is telling everyone on his youtube channel he has disassociated himself from them and he has learned a valuable lesson from promoting a ponzi scheme like it.
I think he has to do it so he does not end up in the lawsuits which have been going around against the promoters on youtube.

He was a contestant on Britains got talent.
https://youtu.be/WWrPaSuZF8M
and even on an Amazon video promoting Alexa.
https://www.youtube.com/watch?v=q7MKutg-GU4

Note: Both spoofs of course.

[magemist]

Thanks for the vids bud.
I lost alot to this ponzi scheme 10x maxxed out and needed a laugh about it.

That is all we can all really do about it now.
Until the promoters go to court in month or two from today.

[smyslov]

Carlos is telling everyone on his youtube channel he has disassociated himself from them and he has learned a valuable lesson from promoting a ponzi scheme like it.
I think he has to do it so he does not end up in the lawsuits which have been going around against the promoters on youtube.

He was a contestant on Britains got talent.
https://youtu.be/WWrPaSuZF8M
and even on an Amazon video promoting Alexa.
https://www.youtube.com/watch?v=q7MKutg-GU4

Note: Both spoofs of course.

I don't know he made a fortune from this ponzi scheme and he is very vocal and transparent about it everywhere, I bet he is on the look for the next Bitconnectcoin in the market, once you tasted it you can't get enough of it.

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[Daltonik]

A little update on this scam: The US SEC has sued the founder of the BitConnect crypto pyramid on charges of unregistered and fraudulent placement of securities worth $2 billion. The SEC is seeking a jury trial for BitConnect, its founder Satish Kumbhani, promoter Glen Arcaro and Future Money Ltd.  https://www.sec.gov/news/press-release/2021-172

[ScamViruS]

A little update on this scam: The US SEC has sued the founder of the BitConnect crypto pyramid on charges of unregistered and fraudulent placement of securities worth $2 billion. The SEC is seeking a jury trial for BitConnect, its founder Satish Kumbhani, promoter Glen Arcaro and Future Money Ltd.  https://www.sec.gov/news/press-release/2021-172

It is good to hear that at least they have been sued. Now it remains to be seen when those involved in this bitconnect scam will be arrested. There are many people I know who are having a bad time now because of this scam. If these scammers at least went inside the jail, then those victims would get a little relief. I think the punishment for those who promoted this scam should be more, because they promoted it in such a way that ordinary people are easily trapped.