By Leslie Ankney Bitconnect faces a mounting series of lawsuits and regulatory action following it’s quick rise and fall as one of the most notorious exit scams in crypto. It’s the blockchain the crypto community loves to hate, first known for its Ponzi scheme as a lending platform offering 1% daily interest. Today, it’s probably most recognized for this famous hype talk by Carlos Matos, featuring memorable phrases including, “Hey hey heeeeeeeeeey”, “What’s-a what’s-a what’s-a what’s-a what’s-a what’s-a what’s-a what’s-a what’s UP, BITCONNEEEEEEEEEEEECT”, and “The WORLD is not anymore the way it used to be”. Class Action Suits
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