I'm also on BitConnect, and my perspective is a little different than yours.

Did you follow their telegram channel and read the email newsletters?

Now, I only had the balls to risk $200 (as in, if it was a scam or went to zero - no big deal, lesson learned.) Which I might add, whenever investing into anything, always assume a risk of it going to absolutely zero, then invest only what you can afford to lose.

Anyway, I saw a newsletter maybe a week ago that the state of Texas had issued a cease and desist order, and based on that, I knew the BitConnect concept was in trouble.

However, all my $200 had been converted to BCC and was committed to lending contracts (so I couldn't withdraw) - but again, I breathed a sigh of relief that it was only $200 (which had earned about $200 in interest).

Then the next day, I saw mention of several other states contemplating following Texas's lead. Yep, the writing is on the wall.

Now, today, I went to log into the site, and couldn't connect at all.

I checked their official telegram channel, and sure enough, there was an official announcement that explains what I think is a reasonable course of action.

Again, I'm not distraught, I invested whet I knew I could afford to lose (just the same as with all my other 20 crypto investments).

So hang in there, cross your fingers and hope that their new exchange eventually turns things around enough that you'll get most of your investment back.