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.
I will be supporting the UK's decision to shut down the biggest ponzi scheme with thousands of manipulation. You can see it in there
https://coinmarketcap.com/currencies/bitconnect/#marketsThose bitconnect ponzi supporters will get seized by UK.
But it's pretty odd to see the price already increased almost 10% at this time.
I hope that will be shut down asap. That just like a plague to the cryptocurrency. But how so many people are still using it.
No more ponzi scheme to make crypto clean.
i support you mate.bitconnect is just making crypto community bad from eyes of others.they cant even comply to the governments requirements so how would they comply to their clients.such a damn site for a great community like crypto