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The website for cryptocurrency Ponzi scheme OneCoin has finally ceased operating, months after United States authorities indicted one of its founders for fraud.As MLM scam monitoring resource BehindMLM.com noted on Dec. 1, OneCoin.eu no longer returned a live result as of Nov. 30. “Legal investigation” offlines OneCoin.euUpon investigation, a representative
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United States prosecutors told a Manhattan jury that lawyer Mark S. Scott was paid $50 million to help OneCoin co-founder and current fugitive Ruja Ignatova launder $400 million.On Nov. 20, Law360 reported that the Manhattan U.S. attorney's office and the New York County district attorney's office are in the
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The vanished head of the OneCoin crypto Ponzi scheme, Ruja Ignatova (also known as the CryptoQueen), has paid $300K to Neil Bush, the son of the late 41st U.S. President George Bush and the brother of the 43rd President George W. Bush, for attending meetings organized by Ignatova’s fraudulent cryptocurrency
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Bitcoin (BTC) proponents are criticizing United States presidential candidate Andrew Yang after he claimed he was “literally trying to give everybody money.”In an ongoing Twitter debate which Yang started on Nov. 16, Bitcoiners took the presidential hopeful to task over his policy of paying a form of universal basic
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Attorney Mark Scott was charged in August 2018 on the basis of laundering an amount of over $400 million in investors’ funds via a valueless cryptocurrency scam called OneCoin, and he’s currently standing trial.The transcript of the hearings held on September 13th last year was made public recently, a few
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With each passing day, the financial nitty-gritty associated with the cryptocurrency-related OneCoin Ponzi scheme continues to become of increasing interest to members of the global crypto community. The U.S. government’s previous estimate of the scam that raked in a total of $4 billion seems to be well off the mark,
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Mark Scott, lawyer of the OneCoin cryptocurrency Ponzi scheme, undergoes trial for laundering $400 million out of the U.S.For those who do not know what OneCoin exactly is, it was perhaps one of the biggest scams in cryptocurrency’s short history. Konstantin Ignatov and Ruja Ignatova were behind this international pyramid
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In 2016, an massive cryptocurrency opportunity was unveiled that essentially alleged that OneCoin had been lying to its customers about the true value of the digital currency that the company was offering.A recent in-depth investigation has revealed that British South Asian Muslims living in the United Kingdom were the most
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OneCoin is supposedly a digital currency estimated to have raised over £4 billion globally in the form of investments, but US prosecutors claim that the cryptocurrency is a front for a pyramid scheme, designed just to extract money from its investors. The founder, Ruja Ignatova, has vanished after being charged
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Glasgow-based Jen McAdam claims supporters of the alleged OneCoin pyramid scheme are sending her death threats, mainly through Facebook.Death threats reported to the policeOn Oct. 14, the BBC wrote that Jen McAdam, a duped OneCoin digital currency investor, reported a slew of messages she received, threatening her with death
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