Too Long; Didn't Read
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.