Roger Ver Thinks OneCoin is a Scam
OneCoin has developed a sketchy reputation, and now bitcoin evangelist Roger Ver is adding to the mix. In a recent interview, the owner of Bitcoin.com says he believes OneCoin is a fraud, and that investors should always be wary of new coins and read up before they put their money in things they don’t understand: “There is never a cryptocurrency without a wallet. This sounds like more evidence of its fraudulent nature. OneCoin isn’t traded on a single exchange anywhere in the world as far as I know.” OneCoin has been around for over two years, but questions surrounding its authenticity....
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Onecoin has been considered a scam by many in the digital currency community. Many governments have issued warnings to its citizens asking them not to invest in Onecoin. Onecoin, the so-called cryptocurrency has been around for almost two years now. The digital currency has received mixed responses from the digital currency community, depending on whom you ask about the infamous Onecoin. While those who are invested in the digital currency tend to speak highly of it, others would either call it a scam or would have never heard about it. What Is the Problem with Onecoin? The concept of....
The Swedish Bitcoin Foundation released an official statement regarding OneCoin, a cryptocurrency Ponzi scheme that has been around since early 2015. Mats Henricson, the chairman of the Swedish Bitcoin Foundation, wrote in an official statement that the organization believes OneCoin is a fraud and that users who are relatively new to digital currencies and the cryptocurrency industry must be cautious when approaching OneCoin-related programs. Henricson said: “OneCoin has grown immensely large and billions have been put into this phenomenon. But OneCoin is not like the other crypto....
The Public Prosecutor’s Office of the Argentine city of Córdoba has indicted 12 people in connection with the Onecoin Ponzi scheme. Eight of them have been arrested. Onecoin Scammers Arrested The Public Prosecutor’s Office for Complex Crimes of the Argentine city of Córdoba ordered the arrest of 12 people linked to the Onecoin Ponzi scam on Thursday, several local news outlets reported. The Bulgaria-based scheme has been described as one of the biggest scams in crypto history, having netted about $4 billion from operations. The Complex Crime Investigation Unit of....
The UK’s Financial Conduct Authority (FCA), an independent public body that is accountable to Treasury and parliament, officially issued a warning against OneCoin operations. Earlier this month, the Swedish Bitcoin Foundation warned its cryptocurrency community and industry regarding the scam-like structure of OneCoin, a “pyramide” built on illegitimate cryptography and security measures. The FCA is the second important government-related public body in 2016 to launch an official investigation on OneCoin. Increasing Awareness of Scam-like Cryptocurrencies. Government agencies and....
After publishing our series on Angelina Lazar’s war against OneCoin, one of our readers has accused Bitcoiners of bitter jealousy towards OneCoin. However, in a strong worded reply, Lazar has accused the leaders at Onecoin of sheer manipulation. “Bitcoin is simply jealous”. In an email to Cointelegraph, a reader accused Lazar of being jealous of OneCoin, hence her “war against OneCoin.” The reader claims that the attack comes from Bitcoiners who are simply jealous of the increasing popularity of OneCoin. He further alleged a form of resistance by Bitcoiners out of fear that OneCoin will....