This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: oIWuQuJj-APfMoa-uXyqql9q_edMOkuz4T4GRVa9xPI
Cover

The Complete Story Behind the OneCoin Cryptocurrency Scam

Written by @Benji | Published on 2020/1/12

TL;DR
OneCoin took advantage of Bitcoin going mainstream in 2014 and scammed millions out of people. Internal sources that worked with OneCoin claim that they could steal up to $19.4 billion. OneCoin was promoted as a revolution, competitor to banks and “Bitcoin killer” There was not a public blockchain nor a private one. Victims were acquiring “coupons” that victims were acquiring by buying packages. The only profit for members is coming from inviting others and getting a commission from it.

[story continues]


Written by
@Benji
Chaos is a ladder.

Topics and
tags
onecoin|online-scam|multi-level-marketing|hackernoon-top-story|cryptocurrency-top-story|cryptocurrency-scams|ruja-ignatova-cryptoqueen|ruja-and-konstantin-ignatova
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: oIWuQuJj-APfMoa-uXyqql9q_edMOkuz4T4GRVa9xPI