Warning: BitConnect (BCC) was a major cryptocurrency scam that promised high returns through a "Trading Bot" and "Volatility Software." Promoted by Glenn Arcaro and founded by Satish Kumbhani, the scheme operated as a Ponzi scam, using new investments to pay earlier investors. Legal action led to over £13 million in restitution to around 800 victims globally. This case highlights the importance of caution in cryptocurrency investments. ***The official BitConnect Coin ticker is “BCC” and trades under that name on all the exchanges where it has been listed. The designation “BITCONNECT” is for CryptoCompare.com only.***
