Dr. Doom posted on September 30, 2019 23:13:39
It doesn't get more obvious than this! So far they have been operating as a regular database and not a blockchain at all. Promises of launching a real blockchain so far haven't been fulfilled. Interesting interview by Ivanontech with one of the whistleblowers of OneCoin.
Beware, especially newbies, this con game is still running despite all publicity, cease and desist orders and arrests being made. They target specifically outside of crypto communities to avoid the tech savvy crypto people that immediately recognize their scam.
Interview by Ivanontech: https://www.youtube.com/watch?v=mTCG5jrr4uY
Crypto Anonymous posted on March 09, 2019 06:41:14
And for those that still aren't convinced, there have been recent developments with regards to One Coin: FBI has arrested one of the ringleaders recently. Apparently One coin didn't even bother to launch an actual blockchain or even an ERC20 token, instead they just used an SQL, so much for the "revolutionary" cryptocurrency. Even Bitconnect at least had their own blockchain (I believe).
stellarowl12 posted on February 28, 2019 16:03:20
Massive confirmed pyramid/ponzi scheme. Still noobs all over the world are apparently still falling for it. I won't write too much about this expect drop a few links from respected sources that should help convince you that it is a shady ponzi:
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