Cryptocurrency bitconnect

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16, , Glenn Arcaro, 44, the top U.S.-based promoter for BitConnect, pleaded guilty to conspiracy to commit wire fraud. Separately, on Feb. Investors believed they were investing in cryptocurrency, but BitConnect's proprietary coin and digital coin exchange were indeed fraudulent. Fraudsters mask global Ponzi scheme behind deceptive cryptocurrency platform BitConnect � An unknown and unestablished cryptocurrency to trade � Non-qualified.