We are reaching the final destination of this ponzi. Be sure to remember all the people who dragged others into this scheme. Report them to the authorities.
Where is this proof that the SEC has warned that in most cases there is nothing they can do? Do you just make this up to make yourself feel better about investing in this?
=================================== You have to do your own due diligence and make your own. Below are two SEC related News on this issue and there are many more flowing in the media:
"As long as bitcoin stays in business"....? What? You can't be serious.
Well, do the math and your own due diligence. In order to invest in BitConnect you have to bring BTC so if BTC disappears so will BitConnect. You cannot buy BCC with US Dollars or any fiat currency or ETH etc. One reason why BitConnect has been stressed lately is because their arbitrage depends on BTC trading only and not any other coin. They had BCH but closed it so the site is not diversified enough like other exchanges allowing investors to move money around other cryptos to invest. Then people move their coin to other exchanges rather than retrading within Bitconnect.
Do not take it personally. I have never been to Texas but I hear it is very big. 60% of blockchain trading in Bitcoin etc. is coming from Japan and Korea.
IThe last I hear the Royal Crown in Britain may own Bitconnect now according to this?: