The final nail in BitConnect’s coffin will come September 10, when the last exchange to offer trading pairs in the controversial cryptocurrency will delist its worthless token, BCC. For the uninitiated – BitConnect was both a pyramid and Ponzi scheme masquerading as a cryptocurrency lending platform. The more money you invested, the more dividends you were paid via a four-tiered investment system. A warped affiliate program meant actively recruiting new investors netted even greater returns. It unravelled earlier this year when the development team pulled the biggest exit scam in cryptocurrency history. It suddenly closed the doors of its platform, leaving…

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Source:: The Next Web – Technology

      

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