fbi dot gov/resources/victim-services/seeking-victim-
The FBI is seeking potential victims who invested in the cryptocurrency
Bitconnect coin (BCC), which was first released through an initial coin
offering orchestrated by Bitconnect in November 2016.
For a majority of BCC’s existence, the only place to purchase, trade, or
sell the cryptocurrency was the through the proprietary exchange
hosted by Bitconnect. By mid-December 2017, BCC boasted a market
cap of over $2.5 billion. Bitconnect guaranteed investors up to a 10
percent total return per month on their investment, following a tiered-
investment system based on the sum of an investor’s initial deposit.
The entire market for BCC crashed in late January 2018, after two U.S.
state-level securities regulators issued public letters warning investors
of the Ponzi-type nature of Bitconnect. This led to Bitconnect
completely shutting down its exchange for BCC, eliminating the market
for the cryptocurrency and stranding investors with near-worthless
If you invested in Bitconnect, please complete the questionnaire on the
website. Your responses are voluntary but would be useful in the
federal assessment of this matter and to identify you as a BCC investor
and/or potential victim. Based on the responses provided, you may be
contacted by the FBI and asked to provide additional information.