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Franke Bofi • 2 years ago

FBI Seeking Victims in Bitconnect Investigation
https://www.fbi.gov/resourc...

information/seeking-victims-in-bitconnect-investigation

The FBI is seeking potential victims who invested in the cryptocurrency

Bitconnect coin (BCC), which was first released through an initial coin

offering orchestrated by Bitconnect in November 2016.

For a majority of BCC’s existence, the only place to purchase, trade, or

sell the cryptocurrency was the through the proprietary exchange

hosted by Bitconnect. By mid-December 2017, BCC boasted a market

cap of over $2.5 billion. Bitconnect guaranteed investors up to a 10

percent total return per month on their investment, following a tiered-

investment system based on the sum of an investor’s initial deposit.

The entire market for BCC crashed in late January 2018, after two U.S.

state-level securities regulators issued public letters warning investors

of the Ponzi-type nature of Bitconnect. This led to Bitconnect

completely shutting down its exchange for BCC, eliminating the market

for the cryptocurrency and stranding investors with near-worthless

cryptocurrency.

If you invested in Bitconnect, please complete the questionnaire on the

website. Your responses are voluntary but would be useful in the

federal assessment of this matter and to identify you as a BCC investor

and/or potential victim. Based on the responses provided, you may be

contacted by the FBI and asked to provide additional information.

News Online Income • 2 years ago

Thanks for providing this information. However, the FBI website link that you have provided in your comment is not working. May be this is the link that you have provided in the comment:- https://www.fbi.gov/resourc...
Is it correct?

Pasha • 3 years ago

Yes it is a scam.
They down their protal for 3-4 days so that no one can convert their bitconnect to bitcoin in good price.

Rana peer • 3 years ago

Bitconnect is not profitable.
Bitcoinsolve com is better than bitconnect
Because bitcoinsolve is legit

News Online Income • 3 years ago

Dear Rana,
BitcoinSolve is also a scam. You can find the details on BitcoinSolve by clicking this link:- https://www.newsonlineincom...

JustCrypto • 4 years ago

I understand that a lot of people say it is a scam but there is no real proof. Let me say you get 0.8% interest every day. In the crypto-world this is nothing unusual. You invest money on the platform. they use your money to invest and in return they give you an interest every day. They are making more money but they are also putting in al the work.

How does a real bank work?
Here is an example.
They say "give us 5000 euro for 5 years and we put it in a safe investment and we will promise you between 2 - 4 percent every year". You put your money in an investment there.
You get the interest every end of the year and you are happy because it's more then your savings account.
In the background they are using your money to make more money and they are making alot more then 2-4 every year.

This is the same principal. Except for the fact that the world of crypto's is going much faster and the earnings are much bigger. In 2 days we went from 8900 dollars to 9250 dollar or so with bitcoin.

The only part i dont like is the referral part but i dont do that.

I put in as a test 270 dollar. i got 10 dollars after 4 days and i can just conver it to btc and withdraw without a problem.

News Online Income • 4 years ago

Dear JustCrypto,
If they really have a legal business to make 0.8% daily, then why they have to collect the investment from several people and pay them 0.8% daily to invest in their project instead of taking a loan from a bank in less than 1% monthly interest rate. Any legal business will like to take a loan in less than 1% monthly instead of 0.8% daily rate.
Yep, you give great example of bank. So, why Bitconnect wants to pay more money by collecting the investment from several people than paying very less profit to the bank?
Yes, crypto is growing fast but the growth is uncertain. But also, why they can't invest their own money in crypto directly and make money instead of collecting the investment from several people and pay them huge amount of profit. Even if we agree they can't take a business loan, why they can't use their credit card money or take a personal loan and use that money to invest in their project instead of collecting investment from several people and paying them 0.8% daily. Everyone knows that they can make more profit for themselves if they pay 1% monthly than 0.8% daily.
However, to take a loan from a bank, the business has to be legal which is not in the case of Bitconnect. But also still they can take a personal loan from a bank if they can guarantee to make 0.8% daily. But they will not do that because they know that they must pay back every penny to the bank if they take a loan from there. But, if they collect money from the several people, they can just stop paying anytime whenever they like.
Anyway, instead of arguing with us, just ask with the concerned legal department in your country about Bitconnect, then you can find out yourself either is Bitconnect a legal or illegal.
Good Luck!

tha1990 • 3 years ago

hi 'NEWS ONLINE INCOME'
thank you for informing people.
i have a question
how is hashflare? is it scam? (i am not native english speaker if you talk simple i am fine)
is bittank crypterra and invia? all are mining websites.

News Online Income • 3 years ago

Dear Tha1990,
There are lots of cloud mining companies popping up and most of them are scams. However Hashflare is not bad, but also we only believe in one cloud mining company and that is GM about which you can find the details by clicking this link:- https://www.newsonlineincom...

Frank Paul • 3 years ago

What about Hedge Connect? Seem like a scam also?

News Online Income • 3 years ago

Yep Frank,
Hedge Connect is an illegal company, a combination of two illegal schemes, Ponzi and Pyramid.

daniel DUCTEIL • 4 years ago

40% nope !!! it is less than that 0% to 2.5% the last 6 month !!!

News Online Income • 4 years ago

Dear Daniel,
It will be more less than that in coming month and ultimately it will crash and then completely turn into scam. That is what we are saying.

Guest • 4 years ago
News Online Income • 4 years ago

Dear Colin,
Before you accuse someone at least do some research. You said we haven't post the name of author who is giving the warning against Bitconnect. For your kind information, check out our home page which is this one:- https://www.newsonlineincom... where we have provided every details about the author.
We don't have to put money to declare something is scam because we are experts who are in online business from 10 years and just from the business model of the company and the way the company is registered, we can guarantee which one is scam and which is legit.
It is not a new thing for us because we always get the comment like yours whenever these kinds of companies keep on paying and in reality they do pay at starting to show the payment proof and to gain the trust of people like you so that they can lure more people into their scam. So, instead of arguing with us, just ask with the concerned legal department in your country to verify either is BitConnect a legal business or not, then you will find out the reality by yourself.
Good Luck!

brainscoop • 4 years ago

This site is garbage. You're just trying to pull traffic for ad revenue. There are no actual details on these claims. I know for a fact some of these are legit.

the Magician • 3 years ago

WAKEY WAKEY

News Online Income • 3 years ago

Lol :)

News Online Income • 4 years ago

Dear Brainscoop,
Many websites have already started to give the warning against BitConnect as well as other legit cryptocurrency companies have also issued warning against it through their official social media page. It is going to collapse soon. So, you just wait some more months, then you can find yourself our review on BitConnect is true or not. If you still don't believe us, then you can ask with concerned legal authorities in your country in order to find out it is legal or illegal company.

Dani Mika'il • 4 years ago

if it's a scam blockchain expo wont even allowed them to be their sponsor, do u agree?

News Online Income • 4 years ago

Dear Dani,
Just wait some more months, then you will know yourself either it is scam or legit. Otherwise, we have already provided enough proof to show everyone why it is a scam.

brainscoop • 3 years ago

I've recently came across some really odd information on one of bitconnect's primary sponsors from Youtube, Craig Grant. He and his 'partner' Yuliana apparently have been scamming people for many years, and even led one man to commit suicide after sending them $50k ? because he realized he had been scammed.

Commodore64 • 4 years ago

I don't see any actual proof, use cases, anything. Just typos and your loose claims. Did you get alot of traffic for your powerful keywords?

News Online Income • 4 years ago

Dear Commodore,
If you want the proof, ask with legal authorities in your country. And by the way, we are not talking about only BitConnect Coin which is listed in CoinMarketCap, but we are talking about "BitConnect. co" which is a Ponzi scheme. So, if you are thinking we are talking about only BitConnect Coin, then you are misunderstanding. But we are talking about both BitConnect and BitConnect Coin together and don't suggest anyone to purchase BitConnect Coin because that is actually backup with "BitConnect. co" Ponzi scheme which is an illegal company and the proof is their business model which is unregulated.
And yep, we get traffic from keywords and nothing wrong with that. However, if we can promote the company where we are getting the traffic, then we can make more money. But, we don't promote illegal companies even we can make money by promoting that company than saying that illegal because our first priority is to deliver the truth.

Siegfred O. Sio • 3 years ago

legal authorities?? really?? is there any legal authorities for crypto?? its just the beginning and everything will be polished!! and legal authorities will know what is crypto currency and what will allow them to indicate what is scam crypto and not..but for now if you go to legal authorities they will just say!! what is crypto?

News Online Income • 3 years ago

Dear Siegfred,
Nope, legal authorities will never say what is crypto, but they will definitely say what is Bitconnect. Legal authorities don't have any problem with real cryptocurrencies like Bitcoin and real cryptocurrencies are accepted by bank which are regulated government authorities. But, the illegal cryptocurrencies like Bitconnect will be never accepted by banks and after some months they will be completely collapsed. Even it is now already proved that Bitconnect is linked with other scam sites because recently popular scam site known as Laser Online stole money of many people and shutdown their site. If you now check laser.online website, it will be redirected to Bitconnect which proves Bitconnect is from the same group of Laser Online, means from the group of scammer. Just try to open laser.online and see it for yourself instead of arguing with us.
Good Luck!

Guest • 4 years ago
News Online Income • 4 years ago

Dear Colin,
There were more than thousands of companies which were registered from the UK Companies House which have been already turned into scam. It is not the registration which makes any company legit, but it is the business model of the company which is not legal in the case of BitConnect. If you want to know more details how the companies are registered in the UK Companies House, then you can click this link:- https://www.newsonlineincom...
And yep, we are making money by selling ads and every media do that. We don't think it is bad to earn by placing the advertisements within our website.
Good Luck!

Luis Legare • 4 years ago

whosdis Details...? Tell me who Satoshi is.... Okay.. so that is irrelevant..

Bitcoin went 1000-6000 this year.. bitconnect holds over 1000 bitcoins.. Sure they dont have enough to pay 0-2% fluctuating daily interest. Dont forget they're Bitconnect exchange fees they collect IN bitcoin daily.. and they're own coin that sold for .15c is now $200 each. Your Math is non-existent. I sell (not trade) bitcoins and can make 10-15% fees/comission gains daily .. if you give me $1000 For 1 week I can "Guarantee" you 1% gains daily and i'll keep the 9-14% for myself.. Crypto is a new world with crazy gains for next two years before it becomes a normal thing.. Just cuz you haven't figured out how businesses, individual investors, entrepreneurs or in this case Bitconnect can make great money.. doesn't mean its not possible or practical ... 1% daily in crypto is nothing. You should know that.. Ethereum @ $300 Bitcoin @ $6000... in less than 1 year... For some people that was 1000s% gains... Thats not possible right... Bitcoin is not Approved by SEC then right too good to be true.. SEC wouldnt tell us to invest in Bitcoin then Right,, Your filter system isnt up to date,.. SEC? SEC? Most people investing in Crypto Probably don't care what the broken SEC Centralized system outlines... Thank you for your efforts to "Spot" scams or schemes.. But man do a better job than say.. it has characteristics of a scam so YES its a SCAM.. If you did a REVIEW on BITCOIN in 2010 im sure you'd Say its a scam at that time... what do you think..? Just make so irrefutable points. ...Don't say we can't identity them "Its a SCAM" NO way they make that much gains IN a Booming Crypto Economy ... "Its a SCAM" ... Stop.. Yelling Scam just because its too good to be true and its not operated like an typical US small business or corporation. Some of those are scams and many go bankrupt ... but its SEC approved. Anyways ... Bitcoin doesn't operate traditionally, and bitconnect is 8 in Coinmarketcap. com 8th! if its a scam as you claim.. I believe it will be a historical one, being 1. Global 2. 1.5 billion scam 3. Biggest/fasting growing scam @ only a year old to date. and 1.5 Billion Value

Joel Richard Koett • 4 years ago

Scam. Period. Get out before it crashes. Look up bitpetite.

Dimitri Dehouck • 3 years ago

It's not the same as Bitpetite!! Bitconnect is now already operating for 2 years and the have a clever and solid business model. BitPetite went offline after 5 months. Bitconnect is constantly updating their servers, they have a debit card now and are introducing new coins to their exchange as from march. If it's a scheme of some sort they sure go to great lenghts! Sure, there are allot of scams out there. But this one could actually be legit. And the 1% daily payout? That's even just playing it safe. If you'd hodled bitcoin over the course of a year you've would'v made ALLOT more money. In the crypto world 1% daily return is nothing! And yes they need our money, cause they also make money from our subscriptions. THAT'S HOW COMPANIES WORK!!! Or do you think when you buy an Iphone you pay Apple just the cost of their materials??? Come on! Do a little thinking before you scream Scam of anything that looks good. You're all into cryptocurrencies who have at some times 1000% Gains. Are those a scam too?

News Online Income • 4 years ago

Thanks Joel,
Yep, BitConnect can be collapsed soon and yep, Bitpetite is already a scam.

M B • 4 years ago

Um...not trying to insult your math skills but you do realize 1% interest compounded daily would make your 1,000 dollar investment worth 50 million+ in 3 years. Does that sound sustainable to you? That's a Bernie Madoff business plan. Dont be a fool.

Damian Ehlers • 3 years ago

I'm not saying it is a scam or is not, but that is just stupid. No one would ever compound daily interest till it reaches that high. Are you telling me if you had $100,000 invested in Bitconnect and they were paying 1% daily, you wouldn't withdrawal the $1000 everyday...thats $365,000 a year? Anyways, what most people may not know is that some days in Bitconnect you get paid 0%...that is right..zero, nothing! All the haters will say that is because they had less people signing up because that is what a ponzi scams does, but they are still receiving revenue from charging transaction fees all day long. Just like any other trading platform does to make money. Yes I believe they should have a list of the directors and get rid of the referral program if they want to be seen as a legitimate business, but if I owned it I wouldn't want my face on there because then you would have every man and their dog asking for interviews, plus having people begging for money. If BCCpay ends up happening and people are able to withdrawal cash from an ATM, will you still think Bitconnect is a scam?

Joel Richard Koett • 3 years ago

BitPetite. Look it up. Same scheme as BitConnect. 0.97% return per day (average) means $1000 turns to $38 million in 3 years. This number should scream at you louder than anything else you read or believe. EVERY $1000 you invest and EVERY person who invests $1000 today, will have $38 million in 3 years.

BitConnect is only sustainable until new investors stop flowing in. Currently they have over $2 billion dollars of investors bitcoins that they are using to give your payouts. When the money stops flowing in, they will go dark like BitBetite did, taking billions in the process and leaving you with your payouts (that is, unless you were re-investing them back into BitConnect, in which case you lose everything).

If you got in early and kept all of your payouts, you may have even made some money. But the majority (vast majority!) will lose their shirts.

The promise of $38 million will lead to the damnation of your investments. You have been warned.

Dimitri Dehouck • 3 years ago

I do not agree with you. Bitconnect is now already operating for 2 years and the have a clever and solid business model. BitPetite went offline after 5 months. Bitconnect is constantly updating their servers, they have a debit card now and are introducing new coins to their exchange as from march. If it's a scheme of some sort they sure go to great lenghts! Sure, there are allot of scams out there. But this one could actually be legit. And the 1% daily payout? That's even just playing it safe. If you'd hodled bitcoin over the course of a year you've would'v made ALLOT more money. In the crypto world 1% daily return is nothing! And yes they need our money, cause they also make money from our subscriptions. THAT'S HOW COMPANIES WORK!!! Or do you think when you buy an Iphone you pay Apple just the cost of their materials??? Come on! Do a little thinking before you scream Scam of anything that looks good. You're all into cryptocurrencies who have at some times 1000% Gains. Are those a scam too?

Joel Richard Koett • 3 years ago

Every $1000. $38 million. If they were making that kind of money, why not just borrow from the bank or credit-card? They only charge 20% per year.... now alll of us can have $38 million in just 3 years.... if that number doesn't scream at you, nothing will. And I wish you the best.

News Online Income • 3 years ago

Well said Joel :)

News Online Income • 4 years ago

Well said M B.

News Online Income • 4 years ago

Dear Luis,
It is a big misunderstanding. If you read our review in detail, you will find out that we are not talking only about the BitConnect Coin which is listed in CoinMarketCap, but we are talking about the BitConnect company (bitconnect. co) which business model is a Ponzi scheme, so due to that business model, they can have legal issue anytime. The price of BitConnect is also only rising due to its attach Ponzi scheme which can be dumped anytime. And, SEC hasn't issued any warnings for using bitcoins and even it is legal to use bitcoins in USA by paying tax in the same manner as using other currencies. SEC is only after those companies which are pretending to giving real cryptocurrency, but are Ponzi schemes.
Actually this is how Bitconnect. co is making people fool and making them believe BitConnect price has true value like BitCoin, but it is just pumped up by Ponzi scheme.
So, it is always better to read reviews in detail before you comment on them.

Reward Coin • 4 years ago

I am completely lost and dumb founded by your comments and article here. BCC which is BitConnect coin is listed number 8 on on coin market cap with market cap of 1.5billion. You agree with that .
if you click BCC website on coinmarket cap it takes you directly to Bitconnectcoin. co...then if you click signup or any other link on their site (login, signup, BCC exchange,etc..) it takes you directly to Bitconnects trading platform (bitconnect. co ) and supply you with all information on their coin. Which includes their online wallet and downloadable wallet to hold their coin BCC. It also has its own the trading platform and exchange where you can buy, sell, exchange BTC to BCC as well lend your BCC for the fluctuating daily %. Their is also the link to their Forum on bitcointalk . org
So how is Bitconnect. co or Bitconnect. com not related or connect as same to their coin BCC that is listed and ranked on coinmarket cap ?

News Online Income • 4 years ago

Sorry,
Above our team member reply in complicated manner due to which it creates misunderstanding. The short point is:- If BitConnect Coin was alone, then that would be genuine, but since it was back up with BitConnect .co Ponzi scheme, so actually we don't recommend people to involve with BitConnect completely because although it has listed in CoinMarketCap, its value can be dumped anytime due to its Ponzi nature.

Guest • 4 years ago
Payton David • 3 years ago

Hi I have not received my payout today? Did you? Can you help me?

M B • 4 years ago

BitConnect claims they will give you .10% daily returns for investing $1010 to $5k and .25% daily returns if you invest over $10,010. That comes out to be about 91.25% return per year. If thats the case, all hedge fund managers will be jobless.

News Online Income • 4 years ago

Lol M B, funny but also in same time we like the point "all hedge fund managers will be jobless". Completely agree with you.

News Online Income • 4 years ago

Dear Reward Coin,
We have provided enough back up and proof to support the facts, not only providing opinions. We are saying the business model of BitConnect. co is illegal which can have legal issues anytime and can be seized by the concerned authorities, which is unsustainable as well due to which it can be collapsed itself pretty soon. If you want more facts, then you can ask with legal authorities in your country by yourself about BitConnect. Ask with that department in your country which handles cryptocurrency transactions or just ask with the expert in cryptocurrency trading to find out which kind of crypto coin is considered as legal and which is considered as illegal.
You said you will come here when price of BCC hit to $500. That is great. We also welcome you here when the price of BCC is dumped or BitConnect. co is completely collapsed or it is sized by the government authorities.