Yes, it appears to be true. Bitconnect, a poster child for crypto hubris and scams, seems to be poised to be reanimated as a crypto exchange in Bitconnect 2.0.
While it is not clear who is behind the new site hopefully the sequel is far better than its predecessor which was a total debacle. Binance 2.0 was announced on Twitter with the forthcoming launch scheduled for July 1st:
Welcome everyone back to Bitconnect 2.0
We will launch Bitconnect2.0 on July 1st
visit our website for more Infoshttps://t.co/xKJ10yeYoP
— Bitconnect2.0 (@Bitconnect2_0) May 18, 2019
A second tweet urges viewers to “buy now” on Binance:
Bitconnect2.0 meets #ethereum 🚀🚀🚀
Buy now on https://t.co/rrfkmzRvYT
— Bitconnect2.0 (@Bitconnect2_0) May 19, 2019
Of course, tweets pumping a new and improved Bitconnect is certain to generate a certain amount of crypto snark, some of which is rather humorous:
— Cryptohodlerr (@cryptohodlerr) May 19, 2019
wait what pic.twitter.com/yhMiWGt74g
— WolfOfEthereum (@LUKACACIC) May 19, 2019
In case your memory needs to be refreshed, Bitconnect collapsed some time ago as lawsuits alleging fraud, class actions claiming a big Ponzi scam, and arrests of management mortally wounded the crypto exchange that, at one point, had a market cap of $2.7 billion (BCC). Today, it is at zero.
The one endearing contribution to the cryptosphere was an epic video that pretty much summed up the FOMO, hype, and everything that was wrong about the ICO market that caused people to throw away good money after bad.
At least now I have an excuse to embed the video once again.