BitConnect Platform Shuts Down Following Regulatory Warnings
BitConnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it's shutting down.
The company, will close in 5 days according to their announced on its website published on Tuesday.
The announcement blames a myriad of factors, perhaps most notably the "cease-and-desist" letters issued in recent days from regulators in Texas and North Carolina and continuous DDoS attacks on the platform.
Posted on: 17/01/2018