Wall Street Billionare Michael Novogratz: Bitconnect a "SCAM" an "old school ponzi"...

Mike Novogratz is a former Goldman Sachs partner, and head of Galaxy Investments.  Currently building a $500 Million cryptocurrency fund for large investors.

He is now the latest to add his name to the list of experts openly calling out Bitconnect for what it is - a scam.

Yesterday, after Bitconnect refused to answer questions unless they were from a pre-approved list, one of our reporters confronted them.

Cracks in the pyramid are beginning to show, from suspicious missing funds, to questionable data on their business registrations, and multiple registrations under multiple names. 

Another reporter here is working on a full investigative report to be published soon.

Author: Justin Derbek
New York News Desk