Business 20 May 2019

We are not a Ponzi scheme: OneCoin fiercely defends itself

OneCoin’s team is stepping up to fight back against accusations that it is a pyramid scheme.

Business 8 May 2019

Multi-billion dollar Ponzi scheme OneCoin sued by aggrieved investor

A former investor in the infamous OneCoin cryptocurrency project has sued the firm over the loss of $130,000.

Business 3 May 2019

New Zealand church under fire for allegedly helping OneCoin scam

A Samoan church in New Zealand may have helped OneCoin workers convince hundreds in joining their Ponzi scheme.

Business 11 April 2019

2 charged in Singapore over promotion of crypto fraud OneCoin

Police said the scam roped in new participants with promotional tokens which could be used to mine for OneCoin, a practice which is expressly prohibited under pyramid selling laws.

Business 11 March 2019

US calls OneCoin huge pyramid scheme, charges leaders

Konstantin Ignatov, who runs OneCoin Ltd, and his older sister Ruja Ignatova were accused of swindling investors in a scheme conceived as a fraud.

Business 29 October 2018

Thai SEC warns public against unregistered crypto businesses

Thailand’s SEC is cautioning the public about cryptocurrency-related businesses operating without its authorization.

Business 25 May 2018

Chinese authorities charge 4 more in $2.3B OneCoin scam

The two-year investigation has spanned over 20 provinces across China, with authorities recognising the $2.3 billion scheme as one of the biggest investigations to date.