Bitconnect apparently no longer is the biggest scam crypto... Looks like Terra Luna beat it by miles.. in the tune of 60 Billion lost.
Terra not only was the biggest crypto loss I think it was one of the largest finance scams in history ever. I think it either matched or topped what Bernie Madoff stole. Madoff however took years for the scam to play out. Luna was fairly quick.
Bit connect was huge back in the day. Most don’t remember but it was Vitalik that tipped off the iceberg. Basically went on Twitter saying it’s a Ponzi and a few weeks later the scam was revealed and it basically was the crypto top of 2017.