Declaration letters sought in Chris Principe’s OneCoin defamation case
Earlier this year Chris Principe sued Timothy Curry for losses in excess of $75,000.
In his lawsuit Principe alleges Tayshun publicly blasting him for his involvement in the OneCoin Ponzi scheme resulted in damages to his reputation.
Dating back to a dubious Feb 2016 Financial IT cover featuring OneCoin founder Ruja Ignatova, Principe’s involvement in the promotion of OneCoin has been well documented.
Principe’s complaint details damages to his reputation as a result of his alleged involvement with OneCoin.
Ironically Skyway Capital, the company Principe claims he lost a PR deal with, is also a Ponzi scheme.
Principe’s lawsuit was filed in May this year and has been playing out in court.
A few weeks ago a tentative October, 2018 trial date was penciled in. The next court appearance in the case is scheduled for December 1st next month.
While it seems unlikely Principe will take the case to trial (yes, the details of the lawsuit are as mindbogglingly asinine as they sound), Curry nonetheless has to meet legal and financial burdens defending a lawsuit carries.
As part of his defense, Curry is asking victims of OneCoin, or anyone with information/experience directly related to the fraudulent nature of the business, to pen a declaration letter.
The Letter (Declaration) can be as long or as short as you like, but the more details, the better.
A “Declaration” must begin with: “To the Honorable Judge Staton, or whom it may concern,” and end with the following:
“…This I declare under penalty of perjury that the aforementioned is true and correct.” (with your name, state or country of residence, and email address and/ or phone number [phone not necessary])
I would very much appreciate it. My next Court appearance is December 1st of this year.
Please forward Amy such email letter to my attorneys at: firstname.lastname@example.org
Suggestions Curry has provided for what to put in the declaration include:
- an introductory bio: who are you? What is your background/ job title, etc?
- are you a Onecoin Victim or observer? Why?/ How?
Anyone submitting a Declaration may include statements, observations and/ or links to “World News” about the scam (ie., covering Govt Warnings, Bans, Arrests, Fines, Task Forces assigned, etc.
- obviously I will be documenting my own, but the more details individuals can cite, independently, this will not be considered redundant)
- SPECIFICALLY, this case is NOT about “Onecoin/ OLN,” per se, so we need STATEMENTS citing Principe and his promoting of the scheme, specifically, and examples of witness to videos, statements, OC Promotions and Events (on-stage, etc).
- Principe was presented and promoted as a “banker” and “magazine publisher” which presumably leant credibility to the Onecoin Ponzi fraud: we need witness accounts and interpretations of what they observed regarding Principe, Financial IT, Fin-Future, stage presence, “the economics/ MATH of Onecoin,” etc.
Curry also advises the organizers of CoinFest, an annual cryptocurrency education conference, have volunteered to
to oversee a multi-signature BTC donation wallet for me to fight this particular scammer in what could be an expensive case (although I believe I have overwhelming evidence to indemnify me and potentially turn the tables).
I’ve already had to liquidate several thousand dollars IN ACTUAL CRYPTOCURRENCY (because… uhh… you can do that with REAL cryptocurrency) to fight this FRIVOLOUS LAWSUIT.
The CoinFest Board will manage the funds and allocate them accordingly for this case to ensure that any donations raised are spent solely for such purposes.
In the event that more money it’s raised then necessary to fight the scammers, any additional funds will go towards the Mission of CoinFest towards FREE cryptocurrency give-aways and funding the aforementioned crypto and blockchain education projects which raise global awareness and education.
Donations to the fund can be made in bitcoin to this wallet address.
Although not officially confirmed, it is widely believed OneCoin investor funds are being used to fund Principe’s lawsuit.
Not so much because Principe’s association with one Ponzi scheme causing him to lose a PR gig with another Ponzi scheme warrants litigation, but rather as an attempt to harass and silence outspoken OneCoin critics by proxy.
OneCoin itself has no operations in the US, amid fears regulators would be quick to shut it down.
OneCoin as a business meanwhile is currently in turmoil, with affiliate recruitment down globally and top management abandoning the company.
The recently announced “ICO that isn’t an ICO” has only added fuel to the fire, leaving top OneCoin investors scrambling to answer questions from confused investors.
Footnote: This article was originally published on November 2nd. Following clarification on legal matters pertaining to the case (not related to BehindMLM or myself), it was taken down.
Those legal matters have been clarified and so the article has been republished today.
Thank you BMLM for the support! 🙂
Anyone (be it victims or Consumer Protection Proponents) who wish to contribute, please submit your Letter of Declaration IMMEDIATELY – I kindly thank all fellow readers, commenters, and participants who have been exposing, fighting against, researching into, obtaining documentation of, and investigating towards bringing this terrible pseudo/ #KleptoCurrency and its scammers, promoters and endorsers to justice and finally ending the fantasy invisible pink unicorn in the box and its economic farce and fraud to an end!
As a reminder:
Besides it being impossible to either verify or link any Onecoin transaction to a blockchain, besides Onecoin by definition as an instrument disqualifying itself as a “cryptocurrency,” and besides Onecoin/ OLN being un-Licensed, un-Registered, un-Bonded and un-Insured as a “Money Services Business,” anywhere on earth…
….minting 72,000,000 fake ponzi coins DAILY (3.5x the amount bitcoin will hit over the next 120 years = “ANTI-SCARCITY”), and with a non-fungible internal “price” of €15.95 each (which cannot be exchanged for any other “CURRENCY” in the world) and thereby claiming to produce €1,148,400,000 per day in “new money” ….is absolutely slap-happy!!
And if he didn’t recognize such simple laws of Supply v. Demand, and the vacuous paradox of 2.1 billion units of “coin market cap” having the same value as 5700% hyperinflation of coins to 120 billion cap 17 months ago at one of many Events he has been appointed a “key-note” or guest speaker at, it gets worse.
A certain self-professed “Banker” and Magazine Publisher, who also put a convicted criminal, Ms. Ruja Ignatova, on not one, but TWO of the only TWO magazines, (even ignoring multiple documented communications to him and his staff, both prior to and post the now infamous publishing of the “February 2016 Financial IT REPRINT”), Principe has thereby continued promoting and endorsing such nonsense mathematics, economics and outright FRAUD!
Most recently, on August 26-28, 2017 Chris Principe (Plaintiff) continued his extended 20+ month participation in promoting the Onecoin/ OneLife Network Scheme at the OLNVN “Success Summit” in Phu Quoc, Vietnam.
On-stage at who knows what # OLN Event by now, Principe described the U.S. Dollar’s “hyper-inflation,” by illustrating the Federal Reserve’s ability to “mint” up to $650M p/day in $20 bills via its ten massive specialized printing presses.
Meanwhile, and probably before the jet-lag had time to wear off from his Ponzi-globe-trotting-Tour, Ruja Ignatova increased Onecoin “Price” by another 28%+, from €12.45 to €15.95.
Chris Principe is documented at multiple Onecoin/ OLN Events addressing naive Onecoin investors and potential recruits and the general audience that they are “Pioneers!” All the while, instilling a sense of urgency in “taking action!” – using analogies of missed opportunities like early Starbuck’s, Apple and bitcoin investors.
The deep dark truth of the matter seems to indicate that just prior to Financial IT’s “Ruja Issue” and shortly after the infamous fake “Forbes Cover;” back in 2015, as Vice President of Trade Solutions Group (TSG), Principe (and/ or) with his Partner/ co-worker and long-time friend/ CEO of TSG, Herve LaCorne, registered one of many to come Domain Names: us2moon.com (and later Papa1coin.com – for Juha Parhiala), and others (perhaps including the numerous similar “moon” related names whose Domain Registrants were hidden), in order to foster payment channels for which Onecoin Packages could be directly paid for and purchased, during a time when Onecoin bank accounts began dropping like flies.
More to come soon on Principe! To me he initially appeared to be merey a small piece of the puzzle. However, now that he has given me (many many of “us,” in fact) a reason and some 9 months to dig deeper and put some investigative focus on him and his dealings (as he has on me amongst OneCULT), some real gems have begun to emerge!
I, Timothy “TimTayshun” Curry LEAVE YOU WITH THIS:
“I know that there is an on-going issue that people spread mis-information ….that don’t tell the facts …that actually lie. And I want you to know that me personally, have taken it upon myself to file a ‘MAJOR LAWSUIT’ in the Federal Courts of the US against one of the most notorious people who spread this information and that this Case is coming up very soon”.
“WE will win that Case. WE will stop that …particular person. And then WE will go after all the other people after him…
And I thank you all here *for your help and kind assistance on this Case.”
“If you want to know more, I’m happy to speak about it. Simon (Le) has much of the information. I keep him updated on the progress of the Court System.
But I really believe that this is an ‘important work” that will help ALL OF US …So, at great cost …great personal sacrifice, I do this because I believe in the hard work that everyone here is doing.” (he then goes on to plug both his magazines).
– Chris Principe, OneLife Network “Success Summit”
Phu Quoc, Vietnam – August 25-27, 2017
ATTN!!!! ANY “DECLARATION LETTERS” SHOULD BEGIN EXACTLY LIKE THIS:
AND SHOULD END EXACTLY LIKE THIS:
TT NOTE: PLEASE send any Declaration Letters, however brief or detailed (details, names, specifics, are very helpful). Thank you all!
We are Legion
Justice is Coming!
Anyone who thinks the Justice system is not decided by wealth probably have never experienced it.
Regardless of whether a scumbag is a ponzi pimp, if he has the money he has the means to win the case regardless of his guilt.
@Jay – Ummmm… Well Principe has a billion dollar Ponzi behind him (hence the “WE” as noted above). I’m looking at breaking that spell though!
This Case could become cryptocurrency history, and I’ll fight that man with every piece of fact and evidence we have at our disposal and get an entire industry (or two) behind me who know and support the Truth and Justice!
At some point, I would guess OC might pull the plug on any funding they might be putting behind him.
Those behind OC didn’t work hard bilking millions out of people just to give chunks of it away in a probable losing cause.
Go for it Tim! I’ve just sent you a donation.
He hasnt considered that joining Onecoin had a more detrimental effect on his precious reputation?
@BigC – his Complaint/ Background claims:
“I have enjoyed a generally good reputation in my industry” – or something entirely similar, off the top of my head. Lol.
Sounds like “hey I good a pretty good reputation as a professional thief, and now that alarm system caused me a loss cause I had to run away, I gotta sue that thing for that!” LOL