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Santy
@m4dr0b0t
Warning🚨: The Great Crypto Heist Top 10 Worst Crypto Rug Pulls of all time 🧵
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Santy
@m4dr0b0t
10/ BITCONNECT BitConnect was a cryptocurrency Ponzi scheme that made away with $2.5 billion from their investors in 2017-2018. It promised unsustainable returns on investments, claiming to use a trading bot and lending platform to generate profits. The scheme relied on recruiting new investors to pay earlier investors, with no actual revenue generation. BitConnect's coin $BCC was listed on exchanges, and its price surged, enticing more investors. However, the project's legitimacy was questioned, and exchanges delisted BCC. The website was shut down, and the founders disappeared with the funds
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