Tag: BaFin

Net Closes Around Onecoin Scam as German Payment Processor has Assets Frozen by BaFin

It is anything but surprising to learn Germany’s Federal Financial Supervisory Authority is cracking down on Onecoin and its partners. Ponzi schemes such as Onecoin need to be brought to a halt sooner rather than later. BaFin is taking a special interest in IMS International market Services GmbH, which is an alleged partner of this notorious scam. Even More Legal Trouble For Onecoin It is good to see local law …
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