Tag: OneCoin

OneCoin
January 29, 2024 BY PureContent

OneCoin lawyer Mark Scott given 10-year prison sentence

OneCoin was a digital currency scheme founded in 2014 that was eventually found to be a fraudulent Ponzi scheme. Scott was one of the most high-profile individuals involved in the scam. The co-founder of OneCoin, Karl Sebastien Greenwood, is already behind bars after he was handed down a 20-year sentence in September last year.  Both…

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OneCoin
March 22, 2023 BY Steffy Bogdanova

Crypto scam OneCoin’s head of compliance extradited and facing charges in the US

U.S. Attorney Damian Williams said: Irina Dilkinska, the supposed Head of Legal and Compliance for the OneCoin cryptocurrency pyramid scheme, accomplished the exact opposite of her job title and allegedly enabled OneCoin to launder millions of dollars of illegal proceeds through shell companies.  Dilkinska helped perpetuate a wide-ranging scheme with millions of victims and billions…

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OneCoin
December 19, 2022 BY Steffy Bogdanova

Crypto pyramid scheme OneCoin’s co-founder Karl Greenwood pleads guilty

US Attorney Damian Williams commented: As a founder and leader of OneCoin, Karl Sebastian Greenwood operated one of the largest international fraud schemes ever perpetrated.  Greenwood and his co-conspirators, including fugitive Ruja Ignatova, conned unsuspecting victims out of billions of dollars, claiming that OneCoin would be the ‘Bitcoin killer.’  In fact, OneCoins were entirely worthless. …

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June 17, 2018 BY Mariela Naydenova

OneCoin - one of the largest Ponzi Schemes in the "crypto" world

Probably the largest Ponzi scheme in the modern world was "designed" by Bernie Madoff who scammed corporate America with around $70 billion back in 2008. Now, as cryptocurrencies garnish share in the world's economy, it is not surprising to learn that there are also cryptocurrency Ponzi schemes. One such is called OneCoin. OneCoin is a…

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September 29, 2016 BY Valentina Kirilova

OneCoin responds to recent FCA warning

Two days ago the UK Financial Conduct Authority (FCA) stated that consumers should be wary of dealing with the software and technology company OneCoin. OneCoin commented earlier today that is disappointed that the FCA has issued a statement without having first contacted the company. OneCoin claims that it has not been contacted by the City of…

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September 27, 2016 BY Valentina Kirilova

FCA warns: Beware trading virtual currencies with OneCoin

The UK Financial Conduct Authority (FCA) believes that consumers should be wary of dealing with OneCoin, which claims to offer the chance to make money through the trading and ‘mining’ of virtual currencies. OneCoin markets itself as ‘a digital currency, based on cryptography’. It claims to have a finite amount of currency units which means…

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