Bitconnect a ponzi pyramid scheme

Bitconnect is now closed, is a lending platform which you can earn by referrals it’s a ponzi, pyramid scheme. At the moment someone have just pump it and eventually dump it so they can earn money. You don’t actually invest in a company when there’s no actual goal or product to give, they actually just refer it to all the people to join and invest and the one on top will earn a lot of money if you will be the last one to know and it goes down you will lose a lot of money.