BitConnect Loss Submission Form
BitConnect has recently received cease and desist orders from both the Texas State Securities Board and the State of North Carolina Department of State Securities Division.
BitConnect used sales agents, and affiliates, to direct investors to purchase BitConnect Coins (“BCC”), which could thereafter be used to participate in the BitConnect Lending Program and the BitConnect Staking Program.
Under the lending program, BitConnect represented that investors could “lend” their BCCs and receive a return of up to 40% on their investments, per month. Similarly, under the staking program, BitConnect represented that investors could “stake” their BCCs and receive returns of up to 10% on their investments, per month.
Levi & Korsinsky is investigating and actively pursuing cases against parties who have unlawfully harmed cryptocurrency investors. As such, Levi & Korsinsky announces the commencement of an investigation into potential violations of federal securities laws relating to the BitConnect lending and staking programs.To receive more information, please fill out the form.