News What Happened to Bitconnect’s Carlos Matos? Where is he...

What Happened to Bitconnect’s Carlos Matos? Where is he now?

-

- Advertisment -

Do you ever wonder where Carlos Matos, the infamous BitConnect speaker from the Bronx took off? Well, you landed in the right place if you have.

For those of you who forgot or who never heard of the massive scam, here’s a brief throwback to what actually happened.

BitConnect, a scam’s anatomy

The year started with one of the largest crashes in the cryptocurrency world in recent history. There were dozens of billions of dollars lost as prices kept falling. There were various reasons that triggered this and one of them involves something extremely sinister – an Indonesian company called BitConnect which ceased to operate and revealed that it was practically nothing more and nothing less than a Ponzi scheme. The company made thousands of people lose everything they had.

BitConnect was launched in February 2016 and it managed to become one of the most successful cryptocurrencies until the beginning of 2018.

The company became infamous when a YouTube video of their Thailand conference appeared displaying some pretty strange behaviors from their guest speaker, Carlos Matos. The company’s eccentric representative used to claim that his own investment in BitConnect has paid off several times over. “My wife still doesn’t believe me,” said Matos at the time, describing how rich he has become.

BitConnect was practically built to recruit others and give higher rewards for referring people to join the network. Due to Carlos Matos’ enthusiast support for the platform, he has been the subject of unlimited controversies.

Where’s the man now and what he’s up to these days?

This is the question that many people from the crypto business are asking. Unfortunately, we don’t have the answer to this stringent question and all we know is that he’s been thanking all the scammers who have ever fooled his because and all investors who supported him because he had to learn a lot from both camps.


It’s important to know that social media is flooded with fake accounts pretending to be Carlos and they cannot be trusted. Until we find out something new and genuine about Carlos, remember that when you’re hearing “Hey hey heeeeeeeeeey… Hey hey heeeeeeeeeey… 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” just run and never look back.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Bitfinex Is Paying hackers to recover stolen Bitcoin from 2016 hack.

How can you trace $1.3 billion dollars from a Bitcoin heist? The Bitfinex cryptocurrency exchange offers the...

How to Make Margin Trading More Profitable Than Spot Trading

In the financial sector, there are different ways of trading assets and commodities, Both spot trading and...

The 3 Main Reasons Behind Bitcoin’s Rise

Bitcoin is famous for its volatility, but has been unusually calm in recent months. The digital currency...

US Banks Can Now Open Bitcoin Accounts? Is This a Good Thing?

Do you remember what was said by the banks against cryptocurrencies? That it's nothing worth talking about...
- Advertisement -What Happened to Bitconnect’s Carlos Matos? Where is he now?

PlutusDeFi’s Plans To Let Decentralized Finance Fans Lend And Earn On Idle Assets

German-based non-profit dGen speculated the industry could surpass the trillion-dollar mark in the next decade. They wrote...

Cryptocurrency Has Brought A New Wave of Transaction

The most beautiful definition of a cryptocurrency suggests that it is a digital currency, which is crafted utilizing the...

Must read

How to Make Margin Trading More Profitable Than Spot Trading

In the financial sector, there are different...
- Advertisement -

You might also likeRELATED
Recommended to you