Livecoin cryptocurrency exchange has announced on February 7 that it will delist BitConnect (BCC) assets on March 7, suspending BCC withdrawal and trading.
Dear clients, please withdraw BCC before March 7. This asset will be delisted. Withdrawal and trading will not be available after March 7. Please don't deposit BCC.
Bitconnect closed on January 16 its lending and exchange platform, providing three main reasons for the halt of lending and exchange platform: the continuous bad press that created a lack of confidence in the platform, two Cease and Desist orders from Texas and North Carolina and DDos attacks on the platform.
In December, Ethereum founder Vitalik Buterin and Litecoin founder Charlie Lee, have spoken up against Bitconnect, calling it a Ponzi scheme.
Meanwhile, BitConnect continues to raise funds to finance its ICO BitconnectX, promoted by an army of promoters in Indonesia and Asia.