What is going on with USI Tech?
USI Tech's website has now disappeared, along with investors' money. A victim from Romford, Essex, described Action Fraud as “not fit for purpose” after it didn't forward his case to officers for investigation. The poor chap, who invested £2,650, has compiled a group of 60 other UK victims.
Is USI Tech legit?
In my opinion, I would give the company a 5% legitimacy rate for many reasons. First, the owners have been USI Tech have been reviewed to be involved in a number of ponzi schemes that left users defrauded.
How long did BitConnect last?
Where BitConnect Came Crashing Down. BitConnect didn't last for long, like many other major cryptocurrencies out there today. The company was founded in February of 2016, and, in January of 2018, less than two years after its establishment, Texas State Securities Board issued BitConnect a cease and desist.