Onecoin latest news
OneCoin is a cryptocurrency that was launched in 2014 and was marketed as a Ponzi scheme. The company behind OneCoin, OneLife Network, was shut down by authorities in 2017 after it was discovered that the company was operating a massive Ponzi scheme.
Here are some of the latest news and updates on OneCoin:
- In 2020, the US Department of Justice (DOJ) announced that it had seized over $400 million in assets linked to OneCoin, including millions of dollars in cash, real estate, and luxury items.
- In 2020, the European Union's law enforcement agency, Europol, announced that it had arrested several individuals suspected of being involved in the OneCoin Ponzi scheme.
- In 2020, the US Securities and Exchange Commission (SEC) announced that it had charged several individuals and entities with fraud in connection with the OneCoin scheme.
- In 2020, the UK's Financial Conduct Authority (FCA) announced that it had banned several individuals and entities from operating in the UK due to their involvement in the OneCoin scheme.
- In 2020, the German Federal Financial Supervisory Authority (BaFin) announced that it had banned several individuals and entities from operating in Germany due to their involvement in the OneCoin scheme.
- In 2020, the Bulgarian authorities announced that they had arrested several individuals suspected of being involved in the OneCoin scheme.
- In 2020, the Russian authorities announced that they had arrested several individuals suspected of being involved in the OneCoin scheme.
- In 2020, the Indian authorities announced that they had arrested several individuals suspected of being involved in the OneCoin scheme.
- In 2020, the Chinese authorities announced that they had arrested several individuals suspected of being involved in the OneCoin scheme.
It's worth noting that OneCoin is no longer operational and is considered to be a Ponzi scheme. The company behind OneCoin, OneLife Network, is no longer in operation and its assets have been seized by authorities.