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New Zealand Mosque Gunman Brenton Tarrant Got Rich from BitConnect

Fri, 03/15/2019 - 14:53
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Alex Dovbnya
??️BitConnect appears in the spotlight again after it turned out that the New Zealand mass shooter never profited off the infamous crypto scam ??
New Zealand Mosque Gunman Brenton Tarrant Got Rich from BitConnect
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Brenton Tarrant, the 28-year-old Australian man behind the terrorist attack in two New Zealand mosques, appeared to be a BitConnect investor. Tarrant sent shockwaves around the globe after shooting 49 people with 20 more victims being severely injured.

No, Terrorists Do Not Use Cryptocurrencies, at Least For Now

Profiting off BitConnect

Tarrant, who live-streamed the video of the shooting on his Facebook page, also shared his 74-page manifesto called ‘The Great Replacement’ where he outlines his ideology (he describes himself as an ‘eco-fascist’). On the very first page of this dossier, Tarrant revealed that he profited off BitConnect, which is the biggest crypto-related Ponzi scheme. He used the money that he earned from BitConnect to travel.

The biggest crypto scam

BitConnect was a high-yield investment program (HYIP) that enjoyed immense popularity in 2017. BCC, its native token, even appeared among the top 10 cryptocurrencies during the peak of the bull market (the coin’s market cap reached a staggering $2.6 bln). However, the bubble quickly popped after BitConnect was hit with multiple lawsuits.


$211 Mln Turcoin Ponzi Scheme Creators Under Arrest, Guilty Parties Promise to Return Stolen Funds

As U.Today reported earlier, the FBI is asking the victims of this Ponzi scheme to come forward.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at