Categories: CryptoNews

Dr Ruja Flees Sinking Ship As Regulators Crack Down on OneCoin

It looks like OneCoin CEO Dr. Ruja is feeling the heat from law enforcement and regulators. Earlier today, she announced she steps down as the CEO of OneCoin, and wants to focus her full attention on the “new blockchain” they are developing. A new CEO has already been appointed, although all signs point towards the demise of this massive Ponzi Scheme.

The End is Nigh For OneCoin And Its Sheeple

For the longest time, Dr. Ruja has been the face of

OneCoin. She has held various speeches and presentations on why this Ponzi Scheme is better than Bitcoin. Unfortunately, thousands of people fall for these empty promises, and it looks like there is no stopping the OneCoin train.

But that situation may come to change soon, as Dr. Ruja is no longer the OneCoin CEO. Effectively immediately, she has stepped down from her position of power to focus on “developing the OneCoin blockchain.” Everyone knows the team has no blockchain, and she is just doing this to cover her own behind.

Less than 48 hours ago, all OneCoin members saw their balances doubled. To this day, it remains doubtful anyone managed to withdraw those funds, as the Ponzi Scheme will run out of cash sooner rather than later. Since there is still no proof of OneCoin even making money in some capacity – other than by scamming investors – the end may be near.



Related Post

The New OneCoin CEO Pablo Munoz, who is now at the helm of this massive Ponzi Scheme,  will find himself in a pickle very soon. Placing Munoz in charge was a logical choice, considering he was the VP at other MLM schemes throughout his career. He even worked for both Avon and Tupperware in the past, both of which are legitimate companies.

Unfortunately for Mr. Munoz, OneCoin is being scrutinized by law enforcement and regulators. Officials will crack down on this Ponzi Scheme shortly, and it will spell all kinds of disaster for those who are in control of this program – particularly the CEO.

Image credit 1

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Solana’s $3.2M Entrepreneur Story & BlockDAG’s $1 Potential

How Solana Transformed an Entrepreneur’s Life & Why BlockDAG Could Be the Next Millionaire Maker…

21 mins ago

SOL Market Cap Hits $100 Billion as Possible Infinaeon Long-Term Price Targets Surge

The SOL price has surged to well over $200 as its market capitalization exceeded $100…

5 hours ago

Binance Coin Whales Reap Big Profits as Polkadot Struggles; A New Crypto Presale Is Dominating Investor Attention

BNB is already flashing signs of a bearish sentiment despite launching a new stablecoin while…

8 hours ago

Three Crypto That Surprised The Market: Rollblock, Cardano, and XRP

The crypto market is no stranger to unexpected twists. However, the recent performances of Rollblock,…

8 hours ago

As Bonk (BONK) and Pepe (PEPE) Shine, Rollblock (RBLK) Captures the Market’s Attention With Upcoming Reveal

Meme coins are back with a bang and are as insanely volatile as ever! Bonk…

8 hours ago

2024’s Top 9 Crypto Staking Platforms to Make Passive Income

Staking has become one of the most effortless ways to generate passive income in the…

11 hours ago