Bitconnect

Bitconnect (BCC) is a cryptocurrency with the ticker BCC. It was a very popular altcoin in 2017 because it promised a daily yield of 1%. They said they could live up to this due to a very successful trading bot. It used a 'multilevel marketing' method to attract new buyers. The company behind this coin was suspected of Ponzi fraud and was investigated by the American regulators. Eventually, the company could not provide any evidence and closed