A class action suit has been filed against exchange and lending platform BitConnect, which recently closed following U.S. cease-and-desist orders.
Numerous users complained on social media they couldn't cash out their BCC tokens on BitConnect's site following the shutdown of its lending platform.
The company behind the controversial cryptocurrency BitConnect has announced that it will close down its lending and exchange platform.
North Carolina became the second state to halt BitConnect's ICO after issuing a temporary cease-and-desist.
The Texas State Securities Board ordered BitConnect to halt its upcoming token sale, which the regulator deemed an unregistered securities offering.