Net Closes Around Onecoin Scam as German Payment Processor has Assets Frozen by BaFin
![TheMerkle Onecoin IMS Frozen Assets](https://themerkle.com/wp-content/uploads-new/2017/04/shutterstock_541951921-300x200.jpg)
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 …