Search Results for: onecoin

OneCoin Goes Quiet In Wake of Law Enforcement Investigations

OneCoin has been very quiet since investigations into the project began. Although this massive scam project still attracts a lot of attention, its representatives have gone silent. Their latest action involved sending cease and desist letters to news outlets, which never amounted to much. The legal repercussions of operating a Ponzi Scheme are seemingly catching up to the company. What Is Going on Over at OneCoin? Over the past few years, we …
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Three Additional Countries Launch Investigations Against OneCoin

The OneCoin Ponzi scheme is still in full effect, despite facing a lot of heat from law enforcement agencies. It appears the OneCoin Ponzi scheme is in hot legal waters in another three countries as of right now. That is not entirely surprising, considering the company is selling vaporware. Vietnam, Norway, and Belize are all investing this notorious Ponzi scheme as we speak. The team event went as far as …
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Onecoin Sends Lawsuit Threats to Media and Whistleblowers

OneCoin has been quite a controversial topic in the cryptocurrency community. After a recent arrest in Mumbai, which resulted in 18 OneCoin representatives arrested and $3 million seized, it seems that the scheme is starting to issue legal threats to publications and writers. One such person to receive a legal threat was Bjorn Bjercke, a blokchain professional from Norway. The cease and desist letter threatened to sue Bjercke unless he withdrew …
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Mumbai Police Arrest 18 OneCoin Representatives, Seize Nearly US$3m in Assets

Things continue to unravel for OneCoin, one of the biggest Ponzi schemes the world has ever seen. Even though the company continues to attract investors, it is only a matter of time until the pyramid scheme collapses. In Mumbai, 18 people affiliated with OneCoin were arrested recently, and money from four different bank accounts has been confiscated. Another Blow For OneCoin Scammers It is evident the OneCoin project and anyone …
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