WebFeb 28, 2024 · As a director, Arcaro took a cut of every investment made through BitConnect's lending programs. As much as 15% of each trade went into his pocket, and he eventually earned over $24 million. WebAnswer (1 of 3): Bitconnect is not a scam. The system is based off of buying their token with Bitcoin then you lend there token back to them and they hold it. as the Bitcoin price Rises the bitconnect token price Rises and they're paying you the interest off of that rise on average 1% percent dai...
Is BitConnect Lending a scam? - Quora
WebJan 16, 2024 · By Stan Higgins The company behind the controversial cryptocurrency BitConnect has announced that it will close down its lending and exchange platform. BitConnect’s lending service will be... WebJan 16, 2024 · BitConnect claims that its BCC coin will still be “listed on outside exchanges” and “merchant websites.” Meanwhile, it has taken a massive dip to $144, as per … certification for treasury management
Bitconnect Confirmed Ponzi Scheme How to File a …
WebJan 8, 2024 · BitConnect allows you to invest money for a period of time (120 days to 299 days depending in your lending amount), for an average of over 0.94% per day (based … WebApr 11, 2024 · BCC Price Current Data. BitConnect price today is $0.68 USD, which is Up by 0% over the last 24 hours. There has been an hourly Rise by 0%. BitConnect's … WebAug 20, 2024 · Crypto exchange BitConnect told investors that it would trade with their funds and pass the resulting profits back to them, promising returns of up to 40% a month. buy to let compare