Bitconnect, one of the most notorious and widespread pyramid schemes in crypto history, crashed two years ago today. BitConnect Scheme Unraveled as Bitcoin Moved Away from Peak Prices The crypto lending scheme, known for its mass-audience meetings and pervasive messages, promised huge rates of return, depending on always-booming BTC prices. At its peak, BitConnect (BCC) token reached prices close to $600. Magical words that the history gives us.#BitConnect Ponzi scheme. Thanks to these kind ofRead More The post appeared first on Bitcoinist.com.
