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bitconnect

02/05/2018 / By Ethan Huff

Before it collapsed, BitConnect hucksters thought they were the masters of the universe… hilarious video shows the insanity

Carlos Matos, the shameless scammer behind the infamous BitConnect Ponzi scheme, has become one of the internet’s latest and most hilarious “memes.” That’s because just months prior to the cryptocurrency exchange’s demise, Matos was seen on stage at a New York event screaming and wailing about how great BitConnect supposedly was, which has since earned […]

01/22/2018 / By Ethan Huff

BitConnect collapse reveals that cryptocurrency sites can really only succeed as long as they receive good press to build “confidence”

A major cryptocurrency exchange known as BitConnect has shut down its trading platform and reverted to just a storage wallet following recent crackdowns by state authorities for the alleged unauthorized sale of securities. In a recent blog post published to the company’s website, BitConnect also pointed to “bad press,” which it says eroded consumer confidence […]

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