Blueprint to a Digital Scam: OneCoin Prepares to ‘Go Public’
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Blueprint to a Digital Scam: OneCoin Prepares to ‘Go Public’

THELOGICALINDIAN - 2024 is a abundant time to be invested in the apple of decentralized agenda currencies Bitcoin is up about 100 USD so far this year Ethereum is up over 60 and Dash has angled in bazaar amount Even discredited online Ponzi arrangement OneCoin is accomplishing so able-bodied that they are about to go public

The account of governments and axial banks and regulators who accept warned the masses to abstain spending any time or money on the OneCoin pyramid arrangement is too all-encompassing to account here. This has not abject the creator’s ambitions, nor success. According to their leadership, the ability extends to 190 countries common and bristles continents.

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Their baton back 2014 goes by the name of Dr. Ruja Ignatova, and she afresh created a YouTube video to amend those with a banking absorption in their concept. In this video, it was appear that they plan to “go public” with an “IPO” in Q2 of 2018.

“We appetite to be, actually, the aboriginal aggregation accomplishing fintech, cryptocurrency and e-commerce who becomes listed on (a) banal exchange, “said OneCoin administrator Dr. Ruja Ignatova. “We accept called a above Asian banal barter for our plans, and you apperceive that advertisement a aggregation takes a lot of time. This is why we are administration our affairs about fifteen months in beforehand with you.”

According to Ignatova, this banal barter arising would be done in Asia because this is area the aggregate of their victims, I beggarly “customers” are amid in the arena to authority OneCoins. China, Japan, Thailand, Korea and Vietnam are the arch spenders on OneCoin. Asia represents added than two out of every three buyers in OneCoin. So, how would one become allotment of the “IPO?”

“The alone way to become allotment of the IPO. You will be able to barter these OneCoins over the abutting ages into alleged OFCs. An OFC is a approaching affidavit that entitles you to accept shares in the aggregation OneCoin that will be listed on the banal exchange.”

For months, OneCoin has been abstinent all but a tiny allotment of abandonment requests fabricated through their centralized barter accepted as xCoinx. xCoinx is an centralized barter operated by OneCoin and is the alone way for affiliates to banknote their OneCoin credibility out. xCoinx has been bankrupt back the end of 2016, and it appears xCoinx will abide closed, finer burglary all funds inside, and banishment those captured in their cast to get these alleged OFCs, which should be about as admired as acclimated toilet cardboard in the months to come.

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Here is one of the abounding civic warnings targeted at OneCoin, this one from the FCA in Great Britain.

“We accept consumers should be alert of ambidextrous with OneCoin, which claims to action the adventitious to accomplish money through the trading and ‘mining’ of basic currencies,” states the Financial Conduct Authority of the United Kingdom. “The City of London Police are currently investigating OneCoin. If you accept that you accept been a victim of artifice in this regard, or accept had affairs with OneCoin, again amuse acquaintance Action Fraud.”

What are your thoughts on OneCoin? Share your comments below!

Images address of Shutterstock, Youtube