BitConnect, a secretly run cryptocurrency loaning and trade stage since quite a while ago associated with being a very much showcased Ponzi conspire, unexpectedly stopped operations on Tuesday subsequent to accepting restraining orders from experts in Texas and North Carolina.
Per Bloomberg, the Texas State Securities Board and North Carolina Secretary of State Securities Division revealed to BitConnect it "isn't enrolled to offer securities in those states." Texas controllers cautioned that "In spite of giving no data on how it will profit for financial specialists—including the calculations behind the Trading Bot—BitConnect is touting its ventures as a 'protected approach to procure a high rate of return.'"
Read More at https://gizmodo.com/bitconnect-anonymously-run-crypto-exchange-crashes-af-1822144652
I warned people about this ICO/Currency... the referral thing was something else