20,000 Crore Crypto SCAM 🔥 | How Bitconnect Scammed Politicians ? | Business Case Study |

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Video Introduction:
On 8th November 2016, the Indian prime minister announced demonetization which meant that from now onwards 500 & 1000 rupee indian currency notes will not be considered as a legal tender. The same year in February a man named Satish Kumbhani started a company named Bitconnect which aimed at providing people with a platform where they can store cryptocurrency. In 2016 cryptocurrency was a new term for everyone in India, very few people knew about it and hardly anyone believed in it. When demonetization happened politicians and businessmen both were in deep trouble because of the black money these guys had piled up over the years. The rich and wealthy people wanted a way out to store their black money and this is where Satish Kumbhani’s cryptocurrency company bitconnect comes into the picture. No one had ever thought that a man could ever scam the politicians and businessmen of this country. Bitconnect launched a cryptocurrency scheme that promised exorbitant returns to its investors, but interestingly all of this was a scam. Satish Kumbhani flew away with people’s 2.4 billion dollars which is close to 20,000 crore rupees and is still yet to be found. This video is an in-depth business case study on the Bitconnect scam. The video covers how a man named Satish Kumbhani from surat scammed people for over 20,0000 crore rupees and flew away with that money. This video is a complete business case study on Satish Kumbhani 2.4 billion dollars scam. The video also covers some business and marketing lessons which we can learn from Satish Kumbhani Bitconnect scam and implement in our own business and life to save ourselves from these kind of cryptocurrency scams.
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Title Contents:
00:00 – Introduction To Bitconnect Cryptocurrenct Scam Business Case Study
00:35 – How this Cryptocurrency Scam Started?
01:35 – How Satish Kumbhani Scammed Businessmen & Politicians for 20,000 Crores
02:09 – How A Cryptocurrency Scam Operates?
03:26 – How Bitconnect Cryptocurrency Scam Operated?
05:03 – Bitconnect Cryptocurrency Scam & Ponzi Scheme
05:33 – How Satish Kumbhani attracted more investors
06:41 – How did Bitconnect Cryptocurrency Scam Worked?
08:30 – Steps to be taken to avoid Cryptocurrency Scams
11:32 – Business and Marketing Lessons from Bitconnect 2.4 Billion-Dollars Cryptocurrency Scam
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