BitConnect (BCC)
Launch
2016
Death / Exploit
January 2018
Total Loss
$2.5 Billion
BitConnect lured Bitcoin holders with a "Trading Bot" promising a 1% guaranteed daily return.
People would lock up their Bitcoin to purchase their BCC token. It turned out to be the largest high-tech Ponzi scheme in history. When regulators cracked down, the token crashed 99%, dropping to zero.
