Bitconnect
Bitconnect (also spelled
BitConnect and
KimConnect; stylized ''
bitconnect'',
ticker code BCC) was an
open-source cryptocurrency in 2016–2018 that was connected with a
high-yield investment program, a type of
Ponzi scheme. After the platform administrators closed the earning platform on January 16, 2018, and refunded the users' investments in BCC following a 92% coin value crash, confidence was lost and the value of the coin plummeted to below $1 from a previous high of nearly $525.
Provided by Wikipedia
