Cryptocurrency News
The BitConnect Ponzi Scheme has made quite an impact on the cryptocurrency space. It now appears that a somewhat similar project has popped up in Brazil. Known as Genbit, the company faces some serious allegations. The Brazilian BitConnect has Arrived The company was initially known as Zero10 before being shut […]
A new week dawns upon the cryptocurrency industry, and there is some more drama to go around. Trevon James, best known for his BitConnect antics, is now aligning himself with Hex. The Hex project has been very controversial from day one. Hex and Trevon James are a Thing It offers […]
In the world of cryptocurrency, there is always some sort of controversy worth keeping an eye on. While no one benefits from these dubious projects and scams, they tend to spark some interesting debates. Many people still believe BitConnect will return, albeit that seems highly unlikely. However, there is a […]
The cryptocurrency world has seen many potential scams, fraudulent ventures, and projects which were abandoned fairly quickly. BitConnect has been one of the darkest stains in the industry as a whole. Even today, it still leaves its mark, primarily because the FBI is still investigating the matter. They actively seek […]
Most cryptocurrency enthusiasts are all too familiar with the concept of BitConnect. For most of the people who invested in this scheme, things have not ended all that well. Some interesting key facts have come to light regarding this prominent Ponzi Scheme, courtesy of the BehindMLM team. A lot of […]
With the extended bear market of 2018, numerous coins have seen massive losses from their year end highs. For unfortunate investors who purchased at the top, losses of 70, 80, 90% are common. However, beyond these woes are performances magnitudes worse. Here are three projects that have dumped over 99%. […]
Bitconnect eventually turned into one of the biggest Ponzi Schemes the cryptocurrency industry has ever seen, surprisingly it is still actively listed on exchanges today. While the number of trading opportunities is nearly reduced to zero, it seems some service operators still have some cleaning up to do. The two […]
It has been some time since any new developments occurred in the ongoing Bitconnect lawsuits. In a rather surprising turn of events, YouTube has now become a defendant in one of these court filings. That is not a positive sign for the video platform or its parent company, Google. The […]
We’ve all seen the headlines. Dive deeper into the world of digital currency and there’s a decidedly seedy layer lurking underneath. We’re talking about drug barons and tax evaders, cybercriminals, and rogue miners. And if that weren’t enough, you have to make sure you don’t fall victim to ICO scams […]
It has been a while since people last heard about Bitconnect. The infamous Ponzi scheme collapsed a while ago, even though it was never completely ‘gone’. With TradeSatoshi now finally ending BCC trading, the final nail has been put in BitConnect’s coffin. Finally Ending the BitConnect Scam Over the past […]
The connection between fraudulent behavior and cryptocurrencies has become a lot more apparent over the years. Especially when it comes to fraud and Ponzi schemes, the situation has gotten out of hand in recent years. Even in 2018, one of the bigger pyramid schemes was still active. Bitcoin’s Ponzi Problem […]