First Lawsuit Against BitConnect Begins With Lyrics From "Welcome to Wonderland"

Just saw this tweeted out.

In case you didn't know, BitConnect was a lending platform & crypto exchange. BitConnect told investors to give them their BTC/USD, and promised them 1% daily compounding interest. LOL. Anyways, they were a scheme and abruptly shutdown, robbing millions of dollars from investors. I saw a video on reddit of someone crying because he had $500K invested in BitConnect, and it was all gone when they shut down.. poor guy.

Thought this would be fun to share - i'm curious as to whether or not anyone on here used BitConnect. Did you get out in time? Nathaniel Popper

1 Comments
 

Fuga est quaerat repudiandae nemo eligendi. Incidunt est in saepe repellat dolores. Odit voluptas nostrum perferendis eum cumque quia enim. Nostrum minima soluta nisi id nulla. Magni optio a porro perferendis. Et sed atque qui est in est. Quia eius eum saepe minus.

Amet ex maxime aut optio nihil. Quis omnis eligendi quia et aliquid animi odit harum.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”