This scam went down hard. Looks like more of exit strategy than what bitconnect devs put on their website as cease & desist order, bad press and ddos attacks.
Scams will of course get bad press as prominent crypto community members including Buterin has warned. And those unlucky to have put their BTC in their own exchange flocked to get their "investments" out of their site. Unfortunately they'll find out that they will get BCC tokens which have drastically gone down in value.

BTC wroth $10010 exchanged to BCC (when rate was say 400$); scam exposed and exit from devs give 1 BCC = $150; $10010 ends up with 66.73 BCC; which value then crashed to say $25 ($7 at lowest in the week). Ends up with $1668. Ouch that's a huge loss for those gullible enough to put their eggs on it. But huge gain for the BCC devs since they've got the BTC.