I'm still waiting for you to explain why Bitconnect didn't contest the C&D if it wasn't "very convinving". They folded immediately causing great harm to their "investors", whereas according to you they could have continued this forever. Doesn't make any sense.

Also doesn't make sense how they can continue with their next scam (Bitconnect X) if they're so fearful of a letter from Texas. What if Texas SSB decides to send another one?