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Private company

Bitconnect

Logo: Gari444, CC BY-SA 4.0, via Wikimedia Commons3

2016–2018 fraudulent cryptocurrency

Bitconnect (stylized bitconnect and also spelled BitConnect, ticker code BCC) was an open-source cryptocurrency from 2016 to 2018 that was connected with a high-yield investment program, a type of Ponzi scheme. After the platform administrators closed the earning platform on January 16, 2018, and refunded the users' investments in BCC following a 92% coin value crash, confidence was lost and the value of the coin plummeted to below $1 from a previous high of nearly $525.2 It was founded by Satish Kumbhani.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Feb 15, 2016Founded1

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Bitconnect (stylized bitconnect and also spelled BitConnect, ticker code BCC) was an open-source cryptocurrency from 2016 to 2018 that was connected with a high-yield investment program, a type of Ponzi scheme. After the platform administrators closed the earning platform on January 16, 2018, and refunded the users' investments in BCC following a 92% coin value crash, confidence was lost and the value of the coin plummeted to below $1 from a previous high of nearly $525.2

The story

Founded by Satish Kumbhani on Feb 15, 2016.1

Leadership

Who has led Bitconnect, and when. Pick a name to see everywhere that person has worked.

Timeline

  1. 2018Dissolved Dissolved1
  2. Feb 15, 2016Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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