At the time of writing of this article, the token sale had successfully reached 22 percent of the total cap. (dailybitcoinnews.com)
Bitconnect, which as of writing of this article, is trading at roughly $ 8.60, a huge fall from its height of over $ 300 a month ago, is an example of a potential major Ponzi scheme which has lost $ 2.4 billion worth of value over 10 days. (lawyer-monthly.com)
As of the writing of this article — there is still no statement on the company's media / press page regarding this issue. (entrepreneur.com)