You still haven't explained how those legal issues in a couple of states prevented them from refunding all victims the actual USD value of their deposits, if they we're in such a good financial position?
The ponzi collapsed just like every other ponzi. Scammers realized that there isn't enough new cashflow to keep it going and shut it off. They are brazen enough to try another round with the X. Somehow magically there are no "legal issues" with that, right?
Bitconnect was only about cryptocurrency and the USD was just denoting the value of the BCC coins they would receive when they got around to converting them to BCC (you didn't have to convert the interest immediately as it was left in the lending wallet). Crypto companies can never deal in fiat currency without a lot more regulations and KYC etc.
Anyway, the truth is there are many of these types of websites coming out now with lending platforms. I suppose most don't allow US in the ICOs any more (bitconnectX excludes USA too).
I'm not asking about any other sites. Bitconnect - why didn't they refund their users in full? If they can't deal in USD I'm sure users would have been happy to receive BTC or ETH instead. According to you they were in great financial shape but they paid out in worthless tokens. Sounds a lot like a scam.
Furthermore, why did they shut off lending for EVERYONE if they had legal issues only in a couple of US states? And how exactly are they going to avoid those problems with their new scam - Bitconnect X?
Those are very simple questions based on your own statements. Do you have answers or not?