Tag: baned

Italy Bans Onecoin Over Fraud Investigations

The so-called cryptocurrency has been previously regarded as a scam, but this time, the fraud allegation reached institutional ears: the government of Italy has decided to ban the asset, which has been linked multiple times with a multilevel-Ponzi scheme. The Italian authorities argue that the service provided by the company behind the ‘cryptocurrency’ doesn’t deliver what it promises to its customers. Since several months ago, the number of people and websites …
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