The Complete Story Behind the OneCoin Cryptocurrency Scam

Written by Benji | Published 2020/01/12
Tech Story Tags: onecoin | online-scam | multi-level-marketing | hackernoon-top-story | cryptocurrency-top-story | cryptocurrency-scams | ruja-ignatova-cryptoqueen | ruja-and-konstantin-ignatova

TLDR OneCoin took advantage of Bitcoin going mainstream in 2014 and scammed millions out of people. Internal sources that worked with OneCoin claim that they could steal up to $19.4 billion. OneCoin was promoted as a revolution, competitor to banks and “Bitcoin killer” There was not a public blockchain nor a private one. Victims were acquiring “coupons” that victims were acquiring by buying packages. The only profit for members is coming from inviting others and getting a commission from it.via the TL;DR App
no story
Written by Benji | Chaos is a ladder.
Published by HackerNoon on 2020/01/12
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