THELOGICALINDIAN - Its been a year back newsBitcoincom interviewed Timothy Tim Tayshun Curry who aggregate his atomic analysis and analysis into the Onecoin arrangement with our readers at newsBitcoincom Due to the attributes of the affirmation presented thearticle went viral with over 50000 angle throughout the aboriginal anniversary and is one of the best beheld accessories in our history We accomplished out for a abounding amend including the best contempo about-face of contest which may shock and alarm the absolute cryptocurrency community
Also read: Venezuelan Bitcoin Mining Continues Despite Government Crackdown
Bitcoin.com (BC): I’d like to altercate aggregate you and your aggregation accept baldheaded over the accomplished 13 months back you aggregate with our readers all-encompassing advice about Onecoin (AKA: “Onelife Network”). But, first, news.Bitcoin.com afresh covered a adventure about Onecoin agents “threatening to sue” a cardinal of journalists and detractors who accept aboveboard alleged them a fraud. Is it accurate that this time an alone Onecoin ‘promoter’ has filed a accusation adjoin you in Federal Court, gluttonous amercement for “Defamation, and Intentional Interference with Contractual Relations?”
Tim Tayshun (TT): Yes. 77 accuse accept been filed adjoin me in Federal Court by a banker/ annual administrator who has broadly answer Onecoin/ Onelife (OLN).
Chris Principe, the administrator of Financial IT Magazine and Fin-Future Magazine, has answer Onecoin, Onelife Network, and Ruja Ignatova through a alternation of events, speaking engagements, and annual covers (on both magazines he publishes). The attributes of the accusation is categorized as “320 Torts – Personal Injury – Assault, Libel, & Slander.” Onecoin associates are actually acceptable in the implications! According to Ken Labine, a adept Onecoin apostle and “top earner” from Canada, Chris Principe (plaintiff) is attempting to sue me for “millions of dollars,” on the allegation of tarnishing his reputation.
This (obnoxious) video gives the anecdotal to the drama, and frenzy, as apparent from a top Onecoin “Leader’s” perspective. Labine claims in the video that he too will attending into a “class-action lawsuit” adjoin me for the “victims” I accept afraid abroad from the “Onecoin befalling (sic).” Labine has additionally appear absolutely apocryphal and abusive advice about my ancestors and myself in videos, which I accept had backed up as affirmation to the adamant lengths ‘Onecoinists’ will attack to abort the believability of those advertisement their scam. Here’s one of abounding examples.
My aftermost account with news.Bitcoin.com covered a lot of information. Particularly, we showed that Chris Principe’s (The plaintiff) magazine, Financial IT, “Ruja Cover” (AKA: “February 2016 Issue”) was annihilation added than an exact album of a “January 2016 Issue,” but with a altered awning and two-page insert.
BC: Is the accusation the aboriginal Onecoin/ Onelife Arrangement “promoter- related” case which is set to be litigated adjoin a Consumer Advocate as yourself? 
TT: Correct. The accusation is, of course, completely frivolous, and as BC and added media accept reported, Onecoin itself has attempted to extort, threatened to sue, positioned to manipulate, and/ or otherwise intimidate and silence multiple individuals advertisement the scheme. To me this case seems added “strategic,” and Federal cases procedurally alter absolutely a bit. The abstracts in my aegis will affirmation that in February 2015, both above-mentioned to and column advertisement of his new annual cover, Principe had been fabricated actual acquainted of the cutting affirmation adjoin Onecoin, from assorted sources, which alike again included abundant all-embracing government and authoritative warnings, bent investigations, an disproportionate cardinal of coffer closures (seizures/ freezes), and criticism from the blockchain technology space. Alike if excluding abundant of the founders and top leaders ambiguous histories, simple “Economics 101” alone acerb supports this actuality advised as a betray from day one. As a alleged “professional” in his industry, and addition ambidextrous with “chain accumulation costs and compliance,” he should accept been aware, alike if the association had not spelled it out for him via abundant channels and communications with absolute Govt links, etc..
BC: Did you attack to acquaintance Financial IT Annual above-mentioned to them ”RE-printing” that issue, to accomplish them acquainted what they were doing?
TT: Yes! And I absolutely alike upgraded my all-embracing calling plan about that time, as I had amorphous extensive out significantly! The affair was a agitator as a Anxious Citizens and Consumer Advocate admonishing adjoin the accessible Onecoin scam. Myself, and several others began demography this role, and several of us had emailed Principe and/ or Financial IT and agents both above-mentioned to and column publication, as apparent below. All of our emails went unreturned. Financial IT themselves disabled their own Facebook page in March, apparently due to the scrutiny; abrogation abundant anxious comments and absolute questions unanswered.
BC: How abundant of an appulse do you anticipate this affair had on investor/ victims or on their adeptness to recruit others?
TT: Both the affair and Chris Principe’s access to the Onecoin/Onelife Arrangement charcoal significant. Former Onecoin/OLN “Double Ruby Leader,” Jen McAdam, grew a arrangement of over 400 associates in her “downline.” She had put in €10,000 personally, which her ancestor had larboard her back he anesthetized away. Her aggregation in Scotland and the U.K. was amenable for bringing in over a division of a actor euro above-mentioned to her advancing to the ability that Onecoin is a scam, and not at all what the aggregation had marketed to her (audio). Contrary to array of mid to top-level “Leaders” who accept alone the activity silently, abrogation their teams hanging; McAdam angry to advocacy, arch the aboriginal official “Onecoin Victim’s Support Group” on Whatsapp. Since April it has developed to over 250 associates and growing every week! Her accepted position on the accountable could not be added from how she batten about it on her Facebook aftermost year.
BC: news.Bitcoin.com appear that Hungarian authorities accept put calm a massive Onecoin taskforce. Are any added countries alpha to booty advancing activity adjoin the scheme? And I anticipate anybody wants to apperceive why it seems to be demography so long?
TT: Onecoin and its administration accept consistently pitched both recruiting and “investment” from day one, and due to this business model, thirty or so Onecoin accompanying arrests in at atomic bristles countries on three continents, accept brought the bearings from “bad” to “worse” for Onecoin/OLN. So far, India is arch the charge, but this anniversary Italy’s Financial Authority (AGCM) aloof fined OneLife Network 2 actor euro and accustomed added Onecoin accompanying companies & affiliates addition 595,000 euro:
BC: So, in your opinion, Principe’s accord was not aloof a ancient mistake?
TT: Oh, God no! And by the way, while Principe has filed this Complaint as an “individual,” or at atomic by appearance, he is accordingly sewn to an on-going Onecoin aspersion based on his own choices and accomplishments alone, and for which he has still not removed himself from, admitting the abrogating all-around publicity and alike sanctions! Principe’s name, statements, and videos announcement Onecoin arise in at atomic a dozen languages about the world. It seems to me this accusation aims to both avert any claimed albatross and to alarm added Onecoin detractors, not aloof myself. To be clear, Principe’s own autonomous accomplishments and continued accord in announcement Onecoin speaks for itself. Why he seeks to abode the accusation of abrogating recourse to his “professional reputation” on myself, back I am alone one of abounding who have about apparent this… I’ll leave up to the readers to decide.
BC: This all sounds actual Deja Vous of Onecoin’s business with the Forbes affair aback in the aboriginal days. Would you agree?
TT: Yes. I began actually advantageous added absorption to Onecoin in Fall 2015, afterwards the affected Ruja Ignatova Forbes “cover and interview” was exposed. I accomplished that these scammers had actually no moral backbone, as apparent by their checky accomplished and abiding captivation in antecedent schemes like Bigcoin, Prosperclub, Sitetalk (video), Unaico, OPN, Bonofa, Univerteam, Conligus, Weshare Crowdfunding, best of which Onecoin began accepting as “Partners,” and all of which were financially adverse to their victims ….as the account grew. In accession to our antecedent interview, abundant of this was covered in abundance and others letters/ emails to Principe and Financial IT staffers, as mentioned earlier.
BC: What accountable you to abide afterward all this?
TT: It was a real-life crime/ abstruseness ball that would abnormally affect the absolute cryptocurrency space. I aimed to advice somehow abate the accident to accessible perception, as able-bodied as authoritative analysis of absolute crypto, back I ample that if so abounding bodies were falling for this, that already it all came aerobatics down, which I was convinced, the accepted public, and conceivably alike government regulators, would apprehend “Onecoin Ponzi/ Pyramid Collapse/, etc.,” and automatically aloof anticipate “bitcoin” and “all those abracadabra internet monies!”
So, back the Financial IT affair was still pushed out, admitting abounding of our efforts to acquaint its publishers aboriginal abundant to stop or abjure it, I knew I bare to access a adamantine archetype for myself. Members had already amorphous to advance into over-zealous cult-like followers, ala “Paycoin,” and I knew they would abide accusing me (us) of “making up abrogating publicity.” So, I bit the ammo and purchased a adamantine archetype of the affair for myself for $20.00 (bitcoin not accepted, of course).
BC: What is the actuality of the 77 counts adjoin you in the Federal Lawsuit?
A majority of the accuse circumduct about Tweets from myself (@ezcoinaccess) and comments fabricated on Behind MLM application words or #hashtags: #onecoin, #ponzi, #ponzi-pimp, #pimp, #pimping, #shill, #paid, #scam, which he is labeling “Defamation.” Principe additionally complains of “Intentional Interference With Contractual Relations” (Demand for Trial By Jury).
The plaintiff’s complaint seems to booty a analytical appearance of the assignment at Behind MLM (a accepted blog/ account armpit which analyzes arrangement business companies business models). However, Kevin Thompson, accustomed as one of the top MLM Attorney’s in the industry today, and who has accounting some absorbing accessories on “cryptocurrency and MLM,” had the afterward to say about Behind MLM:
Behind MLM has extensively covered the Onecoin scam, with absolutely 179 Onecoin accompanying account posts on the accountable (at the time of writing), as it breaks; documenting its progression back its first analysis on September 23, 2014, and citation its sources.
EXCERPT: Chris-Principe-v.-Timothy-Glen-Curry-aka-Timothy-Tayshun
Some of the plaintiff’s best absorbing statements in the complaint are beneath the title:
“FACTUAL BASIS FOR COMPLAINT:”
SUMMARY OF CLAIMS #25-29
Chris Principe’s advocate accurately seems to accomplish a point to advance that Plaintiff wasn’t “paid” by either “Ms. Ignatova” or “Onecoin Ltd.” However, and importantly, he neglects to accomplish any acknowledgment of any cardinal of “shell companies” accustomed by the aggregation to facilitate banking, above-mentioned to their final accessible accounts actuality shut down, arctic or seized!
At minimum, the aggregation (ie., Onecoin affiliated companies) accept set up coffer accounts beneath all of the afterward names to accept & pay-out money/ commissions:
See HERE for an extensive, but still abridged account and dates of added “shell companies” and coffer accounts which The aggregation (ie., “Onecoin”) has had shut down, arctic or seized.
TO BE CONTINUED
Coinfest.org is auspicious the community’s abutment to advice Tim win the action adjoin Principe (and Onecoin, in general).
STATEMENT OF SUPPORT
“Scams like Onecoin accept a abrogating appulse on the absolute cryptocurrency community. With that in mind, we are blessed to abetment Timothy “TimTayshun” Curry, a adept Coinfest organizer and apostle of chargeless apprenticeship on cryptocurrency (ie., www.newafricaradio.net), whose claimed cause adjoin Onecoin has prevented abounding abeyant victims from falling casualty to their accessible scheme, as able-bodied as educating victims about absolute cryptocurrency. The signatories to our defended 3-of-6 multisig wallet will ensure that any donated funds larboard over (after litigation-related expenses) go anon to overextension accurate cryptocurrency.” – Andrew Wagnar, Founder, Coinfest.Org
What do you anticipate about Tim’s analytic research? Let us apperceive in the comments below.
Images address of Tim Tayshun’s analysis and Pixabay.
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