We all know that this week Bitconnect collapsed when the cryptocurrency markets came down. This left many investors down and out.
However, it seems as if Bitconnect is trying to start over as a new scam ICO this time. They are currently raising funds through a new ICO called BitconnectX.
https://www.coinbureau.com/ico/bitconnectx-attempt-scam-investors/There is almost 0 transparency over this project. There are no developers, leaders nor do they even have information on the company or any legal disclaimers.
Most importantly though, for an ICO they don't even have a whitepaper! Just some vague references to PoW and PoS mining.
Looks like a legit scam to me. What are your guy's thoughts?
I wouldnt touch that ICO. Why would anyone invest in another project from known scammers? Just make sure its money that you can afford to lose because we know the history there. There are plenty of coins that are lower risk to invest in.