Platform fights ponzi schemes

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Platform fights ponzi schemes

Bitconnect is a bitcoin investment platform and a cryptocurrency released in 2016. Originally, the bitconnect platform promoted bitcoin investment and touted special investment software that helped generate returns.

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Platform fights ponzi schemes

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Typically, ponzi schemes require an initial investment and promise above average returns. He wants the court to declare that the mmm format is legitimate and does not have the characteristics of a ponzi, pyramid, multiplication or chain-letter scheme.

Ponzi scheme - wikipedia.

A nigerian e-currency platform moves to begin an awareness campaign on virtual currencies. Companies virtual bitcoin.

Many victims also find it hard admitting themselves that the opportunity of lifetime they had participated was a scam. Bitcoin taxation revives.

This criticism of the bitconnect platform had made a resurgence in the past week when ethereum founder vitalik buterin tweeted that bitconnect is a ponzi scheme if it promises a daily one percent return on investment. Crypto markets turning green.