One scam, two names. How Europe 'inherited' the world's largest crypto scam.
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🧨 BitConnect: The beginning of a global disaster
BitConnect was founded in 2016 and quickly became a symbol of the largest Ponzi scheme in the history of cryptocurrencies.
Lured by:
“automatic trading bot”
daily guaranteed returns
extreme profits 'without risk'
Reality: ❌ no trading bot
❌ no evidence of trades
❌ no transparency
✅ new money = payout old money
In January 2018, regulatory authorities in the USA and India intervened: