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How BitConnect Became Cryptocurrency’s Biggest Cautionary Tale

Like many others, Nas first heard of the cryptocurrency known as BitConnect through a friend. He was promised incredible returns – upwards of hundreds of thousands of dollars – on his initial investment. But he was sceptical, fearing that it was a scam

“I did a lot of research and calls to verify it was legit,“ he says over Facebook Messenger. Finally, Nas decided to take his chances and invest a good chunk of his money.

Yet just as quickly as his profit rose to dazzling numbers,…

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