Bitconnect Crime

Gerry Brady March 1, 2019 7 No Comments

The FBI is actively appealing to any potential victims who may have invested in the cryptocurrency Bitconnect coin (BCC). This was released through an ICO (initial coin offering) by Bitconnect in November 2016.

If you are interested in this potentially criminal matter, read the FBI page.

Quote: “For a majority of BCC’s existence, the only place to purchase, trade, or sell the cryptocurrency was through the proprietary exchange hosted by Bitconnect. By mid-December 2017, BCC boasted a market cap of over $2.5 billion. 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.

The entire market for BCC crashed in late January 2018, after two U.S. state-level securities regulators issued public letters warning investors of the Ponzi-type nature of Bitconnect. This led to Bitconnect completely shutting down its exchange for BCC, eliminating the market for the cryptocurrency and stranding investors with near-worthless cryptocurrency.

If you invested in Bitconnect, please complete a brief questionnaire at FBI Victim Services. Your responses are voluntary and would be useful in the federal assessment of this matter and to identify you as a BCC investor and/or potential victim. Based on the responses provided, you may be contacted by the FBI and asked to provide additional information.”

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Make your own conclusions, do your own research. Avestix does not offer investment advice.

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