THELOGICALINDIAN - The MLM ecology advertisement behindmlmcom appear on Dec 1 that the abominable Ponzi arrangement Onecoins website onecoineu has gone offline According to the area host Eurid the onecoineu area name is currently beneath acknowledged analysis Onecoins website activity offline follows the contempo arrest of the operations cofounder Konstantin Ignatov
Also read: Part Deux! Onecoin Buyer Beware: The Definitive Ponzi Exposé
Onecoin Operations Come to a Halt
For bristles years the Onecoin Ponzi, a betray that was answer as a cryptocurrency, managed to allure added than $4 billion common from investors. The multi-level business (MLM) arrangement was created by Ruja Ignatova, her brother Konstantin Ignatov, and Sebastian Greenwood. News.Bitcoin.com appear on the Onecoin betray on assorted occasions absolution multiple exposés on the Ponzi’s destruction. Ruja Ignatova and her assembly told Onecoin investors there was a Onecoin blockchain and the artefact was a absolute cryptocurrency alike admitting the technology never materialized. Ignatova alike told a army one black that Onecoin was a “Bitcoin killer” and that anytime it would concealment the cryptocurrency in value. However, the aftermost two years haven’t been the best of times for Ignatova and her Onecoin coworkers as assorted three-letter law administration agencies accept been anchor bottomward on the Ponzi’s operations. Ruja has abolished from the accent afterwards purchasing a abode and a yacht. In October 2018, Gerald Rubsam, a accepted prosecutor based in Bielefeld, Germany, alive on the Onecoin analysis told the press:
In added contempo canicule things accept worsened for the Onecoin aggregation as Ruja’s brother and Onecoin architect Konstantin Ignatov was arrested in March 2019. Ignatov was appear on bond afterwards his arrest at Los Angeles International Airport (LAX) and accomplished a plea deal in October. The Onecoin cofounder pleaded accusable to money bed-making and fraud. He additionally managed to accept bent tax violations and won’t “face added bent charges,” according to statements from Inner City Press announcer Matthew Russell Lee on Nov. 14. However, the tax violations and artifice could see Ignatov bedevilled up to 90 years in prison. Additionally, abstracts appearance that his cooperation with all-around law administration could “reveal activities of individuals who ability use violence” adjoin him. Allegedly, the analysis abstracts highlight that if Ignatov does no bastille time, he could administer to the U.S. attestant aegis affairs and change his identity.
Multiple Onecoin Websites Suspended
Following Russell Lee’s address apropos Konstantin Ignatov’s appeal deal, on Dec. 1, the MLM ecology advertisement behindmlm.com revealed that the onecoin.eu area went offline. The onecoin.eu area was acclimated to broadcast promotional accessories about the Ponzi arrangement and recruit investors. Behindmlm.com acclaimed that the website’s cachet cipher said “server hold” and begin out the area anthology was endemic by Eurid.
In an email to the MLM ecology publication, Eurid acknowledged aggregation explained that “the area name [onecoin.eu] is beneath acknowledged investigation. Please added analysis our WHOIS for the cachet of the area name.” Then the afterward day two added Onecoin accompanying websites were pulled from the web by the registry. Records appearance that oneworldfoundation.eu and oneacademy.eu went offline for the aforementioned reasons. Eurid told behindmlm.com that the acknowledged aggregation is additionally investigating added Onecoin associated sites such as One Pay, Deal Shaker, One Academy, and the One World Foundation.
Onecoin’s Queen Is Still Missing
Meanwhile, Inner City Press letters that Konstantin Ignatov’s affidavit shows that his sister Ruja was active in Sofia, Bulgaria aloof afore she disappeared. He said that Ruja told him that she was “very tired” and she was abashed a abutting accessory would rat her out. Ignatov said his sister arrive him to biking to Greece, Vienna, and Austria and told him she acquired a “big passport.” “As her brother, I capital to apperceive how she was, why she was so worried. I went to her abode and witnessed her accepting added or beneath a afraid breakdown,” Konstantin told authorities. After Ruja told her brother that she was annoyed and asked him to leave with her, she met with assorted chief Onecoin assembly at her home. From actuality he said that she catholic to Athens and affiliated with new accompany who batten Russian. When the board asked Konstantin about his sister’s Russian accompany he said:
During the aftermost few months, Onecoin’s Ponzi operation has burst into ashes afterwards the aggregation managed to carry $4 billion in profits from biting investors. Ruja Ignatova’s “Bitcoin killer” eyes never embodied because there’s annihilation avant-garde about a affected cryptocurrency. When abundant bodies eventually get burned, aloof like Bitconnect, it usually dies. Despite this, Onecoin was a colossal act of artifice on a all-around akin that managed to advantage the cryptocurrency and blockchain advertising to betray its victims.
What do you anticipate about the leaders of Onecoin actuality answerable for money bed-making and fraud? What do you anticipate about the Onecoin domains activity offline? Let us apperceive what you anticipate about this accountable in the comments below.
Image credits: Shutterstock, Wiki Commons, Fair Use, Pixabay, and Youtube.
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