What happened to Bitconnect?

[MadGamer]

I didn't invest anything there due to accusations about it being a ponzi scheme but I checked the price today after seeing someone talking about it on SegWit2x thread and It literally got destroyed, so what happened here?

[midvoc]

it shut up shop and then the price tanked - i dont know if it has reopened though. It's still listed on coinmarketcap.com

[destroyer01]

The case of bitconnect,it’s worth carefully considering how the platform works,where it generates returns,and who is behind the company before making an investment decision.In this article, l'll do my best to present both sides of the contentious debate over bitconnect’s legitimacy,and ultimately it will be up to you to do more research and decide how you feel about bitconnect.

[k@suy]

Its a scam already. Though they managed to have a last pump, but  it will not last long. They are already  subpoenaed with their violations. I think its better to look another good project, something that is stable and legit. There are many options in coinmarketcap.

[cryptotsunami]

I didn't invest anything there due to accusations about it being a ponzi scheme but I checked the price today after seeing someone talking about it on SegWit2x thread and It literally got destroyed, so what happened here?

Those who invest in bitconnect deserve it because they have already warned about the ponzi scam that they are promoting but they have a deaf ear and like a zombie that follows their leader.