Bitconnect hits hard from $437 to $32 only in 3 weeks.
State authorities give two cease-and-desist letters to them and then they immediately shutdown the website and send a letters to the lenders of the platform on how they can withdraw their money.
https://www.bloomberg.com/news/articles/2018-01-16/bitconnect-closes-exchange-as-states-warn-of-unregulated-sales
I feel sorry for those who have lost their hard earned money. :(