After a few cease-and-desist letters Bitconnect has annnounced they are shutting down their lending platform. They have they are giving people their funds back in Bitconnect which is tanking as well. I hope none of you had money in that.
It looks like they will still be moving forward with their ICO but I would advise to stay away.
[IMAGE: https://steemitimages.com/DQmXBduyrSZXPBP9j8q78Yh5BePQw5FdjoT3pvDuvtFFQzj/rip.PNG]