The Bitcoin investment platform BitConnect, for which claims were made that it was a long-suffering happiness chain, was officially closed by the company behind the platform.
In 2016 BitConnect named BitConnect, which started operation in the UK in the year 2016, and introduced the Bitcoin investment platform called BitConnect in the same year and completed the ICO towards the end of 2016 to enter the crypto money world. The platform, which allowed users to buy BitConnect (BCC) and keep this crypt money in digital wallets or to borrow for trading boots, was accused of being a wake-up chain by widespread masses, including Vitalik Buterin, founder of Ethereum. The platform, which could not fight any more threats from different states in the US, was officially closed today.
According to the statement made by BitConnect, the official website of the platform will continue to share tutorials on BitCoin and digital wallet management via BitConnect.co, but will no longer be able to continue lending transactions and stock market activity. The company says there are three major reasons behind this sudden decision: negative press releases, steps taken by regulators in Texas and North Carolina provinces to stop BitConnect, and DDoS attacks on the platform.
While the company's letter stating that the letters sent to them by the regulators constitutes an obstacle to the legal continuation of the platform, it is also alleged that the platform users are able to invite the platters to familiarize with the reference codes and the pyramid structure to which the new users can receive a bonus. However, BitConnect, which gives users 5 days to complete the operations they are doing, points out that ICO activities will continue and an alternative to BitConnect will be created.
Decrease above 90 percent BitConnect, which is only available on the platform for investment purposes and traded on the stock market with BCC short, has reached a value of over $ 400 a month with the increased interest in the investment platform. Both decline in cryptography and declining value over 90 percent over the past 24 hours due to the company's announcement have been around BitConnect's current value is around $ 15.
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