Pages:
Author

Topic: BitConnect Lawsuit has Begun! (Read 687 times)

member
Activity: 64
Merit: 10
March 04, 2018, 05:58:24 PM
It's hard to track the real owner of Bitconnect and you can't suit them because they shut down a project which was prohibited by some states in America. They will tell that the goverment force them to shut down not doing it by themself and they'll escape with that excuse.
legendary
Activity: 1372
Merit: 1001
March 04, 2018, 05:58:18 PM
Wow! That's amazing!

Yes, nothing is more satisfying than to see scammers get rektd.
I sincerely hope they get sentenced to jail.



LOL)) You are right. I hope the founders/advisors will get what they should. I have no doubt that they've earn a huge amount of money with their ponzi scheme so now the justice time has come. Their case should be indicative for others so I guess it will be rough.
newbie
Activity: 70
Merit: 0
March 04, 2018, 05:33:58 PM
Awesome! Finally, people will actually see that scammers will pay for their deceivings.
I look forward to see people getting justice.
full member
Activity: 343
Merit: 100
March 04, 2018, 05:31:41 PM
This news made my day. Ponzy schemes have to be punished as hard as possible. Unfortunately, usually the result of the law suits are not good for the investors.                 
legendary
Activity: 2282
Merit: 1023
March 04, 2018, 05:26:51 PM
I am really glad to see this news,i think this is the first time some one is facing the law for conning investors in the virtual world and hopefully we will see this case a bench mark and hopefully we will see all the conman coming before the law in the future.They just messed a lot of people with their scam and i am sure a lot of people lost their hard earned money.
newbie
Activity: 99
Merit: 0
March 04, 2018, 05:25:49 PM
Hi

Yes, there are a lot of coins made just to earn money and have nothing in background. Most of coins on exchanges, for example Yobit are like a ball to kick, pumping and dumping shitcoins with no future.

 now I want to tell you about one of them - marinecoin. For more information you can click https://marineco.in. Briefly, it is time tested fast and developed blockchain with quickly growing community, artificial intelligence and many other features in itself. and right now they are providing absolutely free ICO and giving away 450 000 marine coins for everybode, who would like to join community!!! I'm absolutely serious - 450 000 coins for everyone who join!!! Check it here https://marineco.in/ico and hurry up!
full member
Activity: 280
Merit: 101
OPEN GAMING PLATFORM
March 04, 2018, 05:13:02 PM
 Grin I've waited to see this day for long times Cheesy. I really hate ponzi scheme cause it make people have bad thinking about cryptocurrency Smiley. A lot of people all over the world always think that Bitcoin and all other cryptocurrency are scam just because they lost their money with ponzi scheme like this. LOL. What a good news for Bitconnect investors maybe they'll have chance to be refunded.
legendary
Activity: 3164
Merit: 1187
March 04, 2018, 05:02:00 PM
I saw too many memes with bitconnect maan that they are stuck into my mind forever Smiley). But I'm glad that someone will pay for all this scam and I hope prison will do just fine for them.
newbie
Activity: 30
Merit: 0
March 04, 2018, 05:00:07 PM
Im glad this has come to light...craig grant popping up in adverts everytime you watched you tube video on crypto..there he was jumping around loving life ....he doesn look so happy in his last video pleading poverty and saying that he cant afford a lawyer., him crypto nick and all the rest of them. They knew what what happening but greed took them over and now they will have to face the consequences.
legendary
Activity: 1288
Merit: 1087
March 04, 2018, 04:51:09 PM
Was anybody here holding Bitconnect? I must admit, the social media buzz and Youtube ads almost grabbed me as an investor. Things just seemed to good for me to follow through.

hell no. and as for anyone else i really hope not.

i simply cannot understand how anyone, anywhere would fall for something as obvious as this. it fulfilled every single criteria for a ponzi scheme.

https://www.sec.gov/fast-answers/answersponzihtm.html

it just goes to show that greed and stupidity is an unlimited resource in crypto. it always will be too.
member
Activity: 196
Merit: 11
Taklimakan Network : Business Platform for Crypto
March 04, 2018, 04:29:04 PM
#99
All this is certainly cool, but I do not think that ordinary people will be able to achieve the payment of their money from this company! This is unrealistic!!!
As usual in a Ponzi scheme first investors take his profit from second investors... and than second from next and next.
That's mean last unlucky participants already brought his funds to previous investors and they can't return it back.
So I agree - it impossible to get funds back.
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
March 04, 2018, 01:12:40 AM
#98
Oh yes!!! Finally, it comes! You know why? Because they really deserve to be sentenced for being a Ponzi scheme. Lending programs won't last long because they need a lot of ongoing money from investors just like what most HYIPs are doing now.

Especially those Youtubers from the US of A, they will be sued for participating in a Ponzi scheme and will be scheduled on the court like Trevon James. Good luck to them anyway! Bye2x Bitconnect. Hey hey hey!
full member
Activity: 195
Merit: 101
March 04, 2018, 12:40:30 AM
#97
So Cryptocurrency is getting cleared with all the scam company and market is running towards genuine coins in market it is good lesson for newbies nt to enter in these kind of programs

I hope so. There are always be scams in crypto many newbies know nothing about crypto putting money into ponzi schemes.
newbie
Activity: 126
Merit: 0
March 04, 2018, 12:24:44 AM
#96
I am glad that the prosecution is proceeding. A liar should not be easily escaped to prevent such an incident from happening again.

I hope they'll go to jail for a long time.
member
Activity: 406
Merit: 10
March 04, 2018, 12:19:47 AM
#95
These people deserve many years of jail and a giant fine to serve as an example for other ponzi schemes that still exist in the crypto market
full member
Activity: 462
Merit: 100
March 04, 2018, 12:12:53 AM
#94
Go and hunt them down. Show the future scammers the strength of crypto community.
newbie
Activity: 238
Merit: 0
March 04, 2018, 12:10:36 AM
#93
Many of my acquaintances bought this coin and took part in the project BitConnect. We must tell them this good news, let them rejoice ...
jr. member
Activity: 32
Merit: 5
March 03, 2018, 11:59:02 PM
#92
Good new for BCC coin at this times! But thiss coin need more work to grown up again!
I think! New dev with hard work!  Grin Grin Grin
newbie
Activity: 21
Merit: 0
March 03, 2018, 11:25:29 PM
#91
Totally deserving of it. Hopefully the justice system puts them where they belong
member
Activity: 322
Merit: 15
March 03, 2018, 10:54:15 PM
#90
Well, they deserve it. But I think their money won't get them to jail.
Pages:
Jump to: