Looks like the ponzi scheme is getting exposed and coming to an end shortly. UK Registrar of Companies has threatened to shut down BitConnect and dissolve its operation. BitConnect has two months to prove cause to the contrary until the decision has been formally enforced. Should the company fail to comply with these terms, the government agency will strike off its registration and seize its assets.
BitConnect was registered by a British man going by the name of Ken Fitzsimmons, he holds 75 percent or more of the shares in the company.
For those of you that are still participating in BitConnect you should get out now while you still can.
Well if this is true and it goes ahead then really it's not a day too soon and I won't even feel sorry for all those who lose their funds as it is the biggest and most obvious ponzi scheme and anyone who's that gullible needs to learn their lesson the hard way.