Bitconnect Scam coming undone?

[thecryptillian]

So apparently, BitConnect will have to face a hearing this week and prove to the UK Government that the project is a legitimate business.

The coin currently sits around $240 - There must be some nervous investors out in the crypto world today.

If they are proven to be a ponzhi scheme, they will be dissolved and all property forfeited to the government.

It will be an interesting watch. Feel free to keep this thread updated on the matter.

[IlfarIldarovich]

Yes , it will be interesting to see what evidence they pripodnesut , the Scam will be revealed

[asayoyaasa]

Bitconnect obviously a ponzi scheme from begining, there no way an internal bot trading can make big profit and double your balance in matter of month. And you now can see pretty much lending platform like bitconnect spread in cryptoworld, we just need to be carefull and chose wisely before make anykind of investment.

[KXC247]

Bitconnect obviously dosent seem legit for me. 

Where are they getting the percentage they pay their investors from?

I really don't believe the story of them having a bot trading for them.