bitconnect coin ico price

bitconnect coin ico price?

The Bitconnect Coin was among the world’s top 20 most successful cryptocurrency tokens until its price collapsed after traders began losing confidence. BCC rose from a post ICO price of $0.17 to an all-time high of US$463 in December 2017; it declined to US$0.40 as of March 11, 2019.Code: BCCTimestamping scheme: Proof of stakeOriginal author(s): Satish KumbhaniBlock time: 60 seconds

Furthermore,How much is a BitConnect coin worth?

BCC Price Live Data The live BitConnect price today is $0.679889 USD with a 24-hour trading volume of not available.

Accordingly,How much money did BitConnect get away with?

BitConnect founder Satish Kumbhani was indicted by a US grand jury on charges he orchestrated a global Ponzi scheme that raised $2.4 billion from investors in a fraudulent cryptocurrency investment platform, according to a Justice Department statement.

Thereof,What happened BitConnect coin?

BitConnect founder Satish Kumbhani has been indicted by a San Diego jury for allegedly orchestrating a global cryptocurrency Ponzi scheme that involved approximately $2.4 billion taken from investors.

Considering this,Was BitConnect an ICO?

The rise of Bitconnect Bitconnect launched their ICO on the 15th November 2016. It was owned and operated by Ken Fitzsimmons in the UK. This was likely someone who just stood in, providing anonymity, for the real people behind the company. They closed the crowd sale on the 30th of December.

Related Question Answers Found

Does BitConnect coin still exist?

On January 16, 2018, Bitconnect announced it would shut down its cryptocurrency exchange and lending operation after regulators from Texas and North Carolina issued a cease and desist order against it.

What was BitConnect highest market cap?

BCC Daily Performance 24 hour BCC volume is $38.56. It has a market cap rank of 11699 and max supply of 28,000,000. Bitconnect is traded on exchanges. Bitconnect had an all-time high of $452.92 over 4 years ago.

Who is behind BitConnect?

BitConnect founder Satish Kumbhani, charged criminally in the U.S. last week with a $2.4 billion Ponzi scheme, has vanished from his native India, officials said.

Is BitConnect legit?

In reality, the DOJ says it was all a scam — BitConnect used money from new investors to pay old ones (otherwise known as a Ponzi scheme), and its advocates built pyramid schemes where they would get a cut for convincing others to invest by promising them the same deal.

Did BitConnect get caught?

A federal grand jury in San Diego indicted the founder of BitConnect for allegedly orchestrating a $2.4 billion global Ponzi scheme, the Justice Department said Friday.

Can you get money back from BitConnect?

Bitconnect guaranteed investors up to a 10 percent total return per month on their investment, following a tiered-investment system based on the sum of an investor’s initial deposit.

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