OneCoin Claims Are ‘False and Misleading,’ Warns Belgium
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OneCoin Claims Are ‘False and Misleading,’ Warns Belgium

THELOGICALINDIAN - Belgiumhas issued a academic admonishing adjoin OneCoin the doubtable ponzi arrangement which has already accustomed criticism from throughout the cryptocurrency community

Also read: The Halving Not Affecting Bitcoin Price or Hashrate, for Now

OneCoin Claims ‘False,’ Says Belgium Watchdog

công-ty-onecoinIn a absolution Friday, the country’s Financial Services and Markets Authority (FSMA) declared that neither OneCoin nor its promoters “have been accustomed or authorized” and that both parties’ claims “are apocryphal and misleading.”

“The Financial Services and Markets Authority (FSMA) warns the accessible that neither OneCoin nor the bodies announcement OneCoin accept been accustomed or accustomed by the FSMA,” it states.

OneCoin has admiring accretion abrogating publicity as its organizers seek to aggrandize its attendance to new markets. The organizers themselves, their arrangement and claims accept been appear as acceptable counterfeit due to a abridgement of affirmation of funds and added alien practices.

For added advice about the dangers associated with OneCoin, see this author’s previous report from May 2015 as able-bodied as Bitcoin.com’s recent exposé.

Belgium’s official admonishing absolutely highlights the activities of accepted OneCoin assembly on amusing media, a convenance which has become commonplace for those gluttonous to avert the scheme.

The FSMA absolution states:

The FSMA addendum about that there is no official legislation, which can be activated to stop the activities, as Belgium currently does not accept hard-and-fast rules administering basic currencies.

The ascendancy additionally directs the accessible to arch antecedent warnings on “risks” associated with basic bill use in general, which it fabricated in bike with the National Bank of Belgium.

Mounting International Scrutiny

Meanwhile, Bangladesh has arrested “two OneCoin investors” on counterterrorism charges, Behindmlm.com reports.

scrutinyCited is an article in bounded account aperture Bangla Tribune, which states “two associates of an online MLM artifice gang,” namely Nazrul Islam Mamun and Zahirul Islam Zahir, had been arrested in Dhaka on allegations of fraud. OneCoin was listed as one of several websites, which led to the charges.

Police declared that “necessary measures are actuality taken to stop these sites,” the advertisement added reports, but no added capacity were given.

Elsewhere, China has accused OneCoin of “allegedly agreeable in actionable pyramid schemes,” CBN Global reports, while Swedish badge accept been investigating the operation back January afterwards actuality appear by the country’s Gaming Board.

What do you anticipate about OneCoin’s claims and authoritative criticism? Let us apperceive in the comments area below!

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