Top-5 Crypto Tokens Pronounced 'Dead' — NEM and BCC Head the List
However, only by the end of 2017 did cryptocurrency investors decide to publicly accuse the project of organizing an investment scam — a so-called Ponzi scheme. One of the more prominent critics of the project was billionaire and well-known Bitcoin investor Mike Novogratz, who stated on Twitter that BitConnect really looks like a Ponzi scheme that hurts the image of the entire industry: “BitConnect really seems like a scam.
Price of NEM since its drop from all time high price of $2.05
Source: coin360.com
Universa
The Russian-based project Universa attracted $28 million during its token sale in December 2017. Major players in the crypto market have voiced their concerns regarding the project — with Ledger, for example, stating that Bitcoin Diamond was involved in fraudulent schemes at the end of 2017:
“SCAM WARNING — multiple sites claim to let you collect Bitcoin Diamond.
