Bitconnect shuts down exchange, stops lending too

M

mlawson71

Bitconnect, a company offering cryptocurrency trading and lending, said it is shutting down its operations.
“We are closing the lending operation immediately with the release of all outstanding loans”, BitConnect said. “With release of your entire active loan in the lending wallet we are transferring all your lending wallet balance to your Bitconnect wallet balance at 363.62 USD."

Bitconnect cites the reason for closing down as, among other things, the two cease and desist orders from the Texas State Securities Board, and one from the North Carolina Secretary of State Securities Division as well as continuous bad press.
 
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schweiz said:
Future will tell.
For many years people thought that their email was safe too. Till the NSA was exposed.
More...
But shouldn't a plaintiff indicate in a court filing names of the defendants?
 
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