OneCoin threaten to sue SQL blockchain whistleblower
Last year the mystery of why OneCoin were using stock video footage to represent their blockchain was solved.
OneCoin had no blockchain and were simply recording script-generated Ponzi points allocation on a SQL database.
The revelation was made public following a OneCoin blockchain development job offer to Bjorn Bjercke.
Bjercke is a professional blockchain developer and, not happy someone with someone with actual technical experience going around countering their own technology claims, OneCoin have now threatened Bjercke with legal action.
In a Reddit post published a few hours ago, Bjercke (right) wrote;
OneCoin Ltd., with the help of their attorney, has sent me a threatening letter saying I have to withdraw my statements and remove Youtube videos, and articles.
I also have to apologize publicly or else they will file a suit against me for their economic losses due to the harm I have caused them.
Bjercke has yet to make the letter(s) he’s received public, so I’m currently unable to compare, but this is starting to look like a cookie-cutter legal strategy. The German cryptocurrency blog Coinspondent were recently sent similar legal threats for their OneCoin coverage too.
From the sounds of it, Bjercke has no intention of complying with OneCoin’s demands.
In my opinion OneCoin is like a cancer to the cryptocurrency community. I cannot give up, I cannot hide the truth, I cannot stay quiet about OneCoin/OneLife being a SCAM. So I decided to lawyer up which is going to be very expensive.
If you want to help, please donate. If for SOME reason an attorney is unneeded the funds will be donated for educating the victims of OneCoin/OneLife in real cryptocurrency.
Personally I can’t see OneCoin suing Bjercke. He has technical experience and will know the right questions to ask in court regarding the technical side of OneCoin (or lack thereof).
As recently as February, 2017, there was still evidence that internal transactions of OneCoin were still not appearing on the OneCoin blockchain script.
From what I’ve been hearing on the grapevine, OneCoin has since found some schmucks to cobble together a blockchain for them. There’s even talk of a “blockchain whitepaper” being published at the upcoming May 7th Macau event.
As far as we know Chinese authorities are not going to let the event go ahead, so we’ve yet to see how that plays out.
In any event though, getting someone to develop a blockchain post February 2017 is fine and dandy, but doesn’t change the fact OneCoin has been lying about their blockchain since 2014.
A SQL database is not a blockchain. And all Bjercke would have to do is subpoena Asenshia, the recruitment firm that contacted him with the job offer, to prove his claims.
Easier said then done I know but, as with any defamation case, truth is the ultimate defense.
Oz. Heres the letters from the norwegian lawyer.
Thanks for that MOI.
Good on Bjorn for having the guts to publish the letter immediately.
As said, truth is the ultimate defence and OC’s threats are empty anyway. A threat is only a threat if you’re frightened of it ………and as such he doesn’t need a lawyer. Just the resolve not to be scared.
Wish they’d sue me – I’d love to be taken to a UK Court by OC !
If he indeed has enough insider knowledge to prove that they have been intentionall mispresenting material facts to their clients to solicit investments, they very well know that taking him to court will sink them.
I’m willing to hedge on the fact that they won’t.
So, let me get this straight. They claim he has made unsubstantiated claims to OneCoin’s “fully legal” operations, yet they want to offer him a settlement? Anyone else smelling bullshit?
Usually, a company running fully legal operations *might* give the ex employee the courtesy of a cease and desist before sinking him in court and leaving him destitute and untouchable by any other company.
Sounds about right. 😉
OC is all about easy money, so it’s worth gambling a couple hundred in ill-gotten gains in an attempt to extort a settlement and get some negative press removed via intimidation.
Lately a number of, for OneCoin uncomfortable, articles vanished from the internet. Mainly articles from Germany… Looks like it worked there and now they are doing it in other country’s as well. What a shame.
And yes, a A SQL database is not a blockchain. OneCoin always claimed to own a real blockchain… it is imho simply a lie.
There isn’t a prayer of OC or any purported representative appearing in any Court in the World.
In nearly every jurisdiction such an appearance would have to be made by an Officer of the Company. Is any of the scamming team dumb enough to appear ? No. Suppose they could send Labine. Lol !
Hence all the threats are worthless – the only interesting point is when it finally collapses.
Wonder who will have the balls to appear in Macau ??
Yes, this is true. In the german case&desist case one attorney wrote on behalf of Mr. Paulick and the one coin community. Is Ralf Paulick a OC official?
Well… they are refering to the IMA… but questionable. Imho the IMA is invalid under german jurisdiction.
oh, BTW: behindmlm.com is doing a good job. Independent and reputable reporting. Thanks. It is possible to donate?
Thanks for the support. BehindMLM currently supports itself but thank you for the offer.
QUESTION: Couldn’t an attorney legitimately ask for an injunction against these Law Firms too demonstrate that the funding of any lawsuit by the company must be proven to come from “clean money” rather than from an organization whom BaFIN and other Official govt entities have already declared are operating illegally in that country?
Something having to do with “tainted funding,” etc. And wouldn’t that be going on the offensive and creating the defenses own stall tactics for burden of proof against the Plaintiff?
Obviously, I’m not an attorney, but clearly the funding of any such Lawsuits (read: Desparate “scare tactics”) does NOT cone from some squeaky clean source, but rather either the stolen money of victims, or at the very least, illegally acquired gains of operations.
Which “lawsuits” ?????
There are no “lawsuits”.
Nasty letters from pet lawyers are a dime a dozen and aren’t worth the paper on which they are written.
There is no way any of the OneCoiners or their lawyers are going to willingly get within a mile of a court room, much less be prepared to try to explain how One Coin is a legitimate business in front of an experienced judge.
These threats don’t have enough substance to even be called smoke and mirrors.
Totally correct. And for your amusement and totally tongue in cheek even if Onecoin were to issue proceedings and God forbid eventually win – it’s free because they at that point would obviously be obliged to accept payment of any compensation or costs in Onecoins !
Just serious !! Lol.
we need to help him man! Onecoin will use the donation money from their members with the lawsuit.
these onecoin scam needs to be exposed man!
One thing to keep in mind is a OneCoin lawsuit opens up Ignatova for deposition.
We all know that’s not going to happen…
Hahahahahahahahaha for you to be civilized you have to pass through the pain of civilization.
if onecoin is a ponzi allowed those that are investing to do after all is not your money. if you are solicidating for mlm do it the right way you can relieve on bringing people progress down.
why can’t the mlm cruew build a team of another ponzi scheme for people to ride on.
If the mlm think that onecoin has been lying to the globe and the mlm is interested in saving the masses from loosing there money, then make to know the right place to invest because money are after there future not to relie on government. But while you are doing that do it in the right way
I am assuming from your post you are pretty knowledgeable about OneCoin Germany -Or indeed othersin this thread.
Now that OneCoin have been forced to actually sell only educational products (haha) and they are no longer authorised to sell and promote in Germany –it seems to me we have a wonderful opportunity to demonstraTe that the numbers will crash dramatically.
This will prove the worthlessness of the education, the reality that the coins are the greed /investment and that when regulators do their thing we can save millions being siphoned into this FRAUD. Other authorities can soon follow!!!!
I have been terminated so cannot track German sign ups in the next weeks in comparison to last month but is there a way for those still members -along with anecdotal stories-to track the demise
The reality of Ponzi schemes is that most investors lose money. Pointing this out isn’t stopping anyone from investing in Ponzi schemes.
Because Ponzi schemes are scams and illegal the world over.
It’s not up “the MLM” to give you investment advice. Stop being a lazy ass and do your own due diligence.
Future with government much brighter than with scams. At least you know government out to screw you. Scams smile to you face, then screw you from behind. Much pain.
The frivolous and IMO empty OneCULT legal threats may have meant to serve two purposes:
1. Scare off smaller bloggers before last ditch pillaging and robbery efforts at Macau event
2. Use bitcoin/ blogger PPP’s and PCP “haterz” as the scapegoats who brought down a “legitimate education company” who has “never sold investments.” (a la: the Scooby-Do cartoons, “if it weren’t for those meddling Bitcoiners and their mangy mutt…”)
The perception of OneCon taking “legal action” will further solidify victims beliefs in the scam, even once Ruja herself is behind bars. There is really no hope for some of them. Ever.
On the Good Guys side, another powerful and hard-hitting (well-sourced) article is further destroying the OneCULT/ OneLie Network’s charade today:
Meanwhile, the crooks and scammers are equally fighting back to capture the earnings of “the greater fool” with their own lies, distortions of truth and criminal propaganda:
At least the latter headline isn’t exactly too far off.
I just bought major shares in Orville Reddenbacher for this weekend!
One of my major concerns with Bjorn’s postings had to do with the organized crime claims he made. My concern is for his safety.
One does not tell on a public forum you know about organized crime being involved in whatever you are talking about. They kill people for this.
You keep this information quiet and let the authorities do all the talking about organized crime being involved. They have guns and badges and can legally shoot back when fired upon.
I hope he realizes just how great of a risk he has placed himself in with these claims, and has taken the proper precautions to protect himself.
Tom McMurrain appears to be a fan of mine (?) He made me my own website and YouTube video, thinking that this would discredit me, somehow.
“My” new YouTube Channel: youtube.com/watch?v=DWYTbj9HxtI
“My” new website”: tim-tayshun.com
Upon seeing these moments ago, I decided it was better to be proactive and embrace it, rather than combat it; because this will spread like wild-fire through the OneCULT community, anyway, I’m sure. So, from now on I’ll post as Tim/ Timothy Curry.
BTW: “TimTayshun” has been my “name” since before Facebook even existed and since the early MySpace days or more. It was a DJ Name that was given me 20 years ago. So, that’s the back story.
haha these guys love calling onecoin a threat to bitcoin, don’t they? it just helps give their fake fraud onecoin ‘currency’ some legitimacy by association!
Timothy Curry. So upset. The village idiot’s blocked me. Can’t stop laughing. As if that’s going to protect him from the forces of good.
I can’t wait to see if the Chinese do something really good this weekend. Fingers crossed. Arresting the big cheeses on YouTube would be marvellous……
I love this video. Another Village Idiot.
Bjorn Bjercke’s answers to Ken Labin’s attac”
Shite is going down! HERE is “Legal Action” filed against me from Chris (unprincipled) Principe’s Attorney today:
Okay, I have a question.
Have any lawsuits actually been filed by OC/OL?
With information scattered all over, it’s hard to keep up. 🙂
I’ve attached the document and am just awaiting moderation. The attorney sent it to me over Facebook 🙂
I thanked him for providing the tools to make this information go viral.
Attorney alleges that I’ve cost Principe “in excess of $75,000 ….and damaged his reputation irreparably, etc.”
Calls the claims malicious, false, etc., and claims Principe “never received payments (or perks/ financial compensation) from Onecoin/ Ruja.”
I think Principe is about to become famous! ….or it’s the word “infamous?”
Please rewrite your post, it can take hours “awating moderation”.
Ps. We’ve awoken the sleeping doofus! Ken Labine is back with Part 2 of his video on Bjorn!
He also has a part 3. 😉 youtu.be/IfQ1hmmrFS8
@MOI – it’s because I included the link to the frivolous lawsuit document (which is a long link)
FWIW, I did leave a reply on Ken’s video with my own opinion.
I’m not sure if this will work, but I did upload it to Google Drive … drive.google.com/file/d/0B9q_gf4b1_SdeWljZVlpMW5aR1k/view?usp=sharing
@Chris Bailey – thanks. Any attorneys who want to look it over feel free. Any media who want to report on it, feel free.
The accusations are frivolous and I can not only support, but HEAVILY EXPOUND upon the justification for anything I’ve ever written about Principe.
I additionally have quite a bit of fun “Discovery” to challenge him on, in addition to having emailed and phoned his offices many times last year seeking direct correspondence with him, prior to further observing and investigating him thereafter.
This all seems to be just distractions to take eyes and mind off of Macau and this 30months too late “whitepaper.”
Hmmm, over 7,000 ONE in damages, eh?
Chris Principe claims he was never paid for coverage of OneCoin?
Who does he think he’s kidding?
Ah, Principe lost his Skyway Capital promotion deal. That’s what he’s upset about.
Thank you Chris for making that link available.
I am not an attorney.
Factual basis for complaint #’s 27 and 28: Ruja didn’t pay Chris, OneCoin Ltd. didn’t pay Chris for either his publication of the puf pieces in Financal IT nor for his stage endorsement of OneCoin in London 2016 but it gets even a little more wordsmithy from there.
He stops short of saying no one ever paid him for his involvement, it just says specifically who wasn’t paying him. How many shell companies has OneCoin purchased and or incorporated?
But Chris Pricipe, owner of Financial IT asserts on and for the record that it was not Ruja Ignatova or OneCoin Ltd. who paid him for what ever services he provided.
What his attornies are trying to do is set this up as a “Commercial speech” argument, that you were in fact trying to increase your business and profits by damaging Chris Pricipe’s (owner of Financial IT) business and profits.
Tim, what magazine do you publish? I’m just wondering because it doesn’t seem to me like the complaint is making an apples to apples comparison between your criticism of OneCoin and Chris Pricipe’s (owner of Financial IT) involvement in it and his alleged financial damages.
BTW, I’d love to find out that the $75K loss mentioned @ #64 in the complaint was in fact do to SkyWay Capital:
dropping Chris because they may have felt he was in some ways compromised by his involvement with OneCoin (but not of course OneCoin Ltd., of course).
And just let me say how much of a shame I think it would be if no other MLM underbelly opportunity of less than dubious legality found themselves engaging (through third parties of course) Chris Pricipe’s Financial IT Magazine as their advertising venue of choice. After all, Nuyten’s blog is the goto resource for that sort of thing already.
Tim, if Chris is stupid enough to take this to court a competent attorney will be able to shred the arguments in the complaint. But that sort of thing ain’t cheep. Keep the world informed.
@GlimDropper – I’ve never even published a Blog let alone a magazine.
The wording immediately put me in mind of the OC/OL responses to the various legal warning, bannings, arrests, etc.
So neither Ruja nor OneCoin paid him. How about OneLife, IMS, etc, etc.?
onecoin is in the last leg of it’s ponzi run.
at this time people will try to wriggle out of their association with onecoin and make some frivolous attempt to salvage their reputation.
chris principe wants to continue his financial IT publication, and wants to wipe his plate clean – i really thought onecoin was creating a disruptive technology. ruja fooled me. in fact when i was accused of being on the payroll of onecoin, i SUED. i never knew onecoin was a scam. i’m a victim just like you. sob
that was probably the intention – to advertise that principe has sued for being called a paid shill of onecoin.
there are lots of commentators here who have bashed principe for using his publication and his person for advocating onecoin. however most of us shield our identity precisely for this reason – for protection against ponzi pimps who use their scam money to litigate.
i remember that herbalife had litigated against a twitter identity for calling herbalife a scam and calling it’s products harmful. the case was dismissed with prejudice against herbalife, because the court found it to be within the right to free speech.
Any chance that Ruja or OneCoin “gifted” him a set number of OneCoins in lieu of an official payment?
Definitely worth looking into at Discovery. Might explain his word games he has used.
Would explain why he’s pissed off.
Can’t cash out out those OneCoins baybeeeeee!
i don’t think principe is so daft so as to accept a full payment in onecoins!
he may have got some onecoins over and above a payment for running an advertising article for ruja.
ruja has billions of worthless onecoins and she can plonk them down for free whenever she wants.
California was one of the first states to introduce anti-SLAPP law and statutes.
Which makes for Principes’ complaint against Tim Curry being an interesting battle, given the existence of Californias’ Code of Civil Procedure section 425.16 and subsequent amendments to section 425.17 / 425.18 / 1987. 1 / 1987.2 / and Civil code section 47.
Even if he wins, he and his publication DID feature Ignatova and OneCoin and after the blogosphere has finished publicizing that fact and his complaints, hundreds of thousands more people will be aware of that fact.
Streisand effect, Chrissy, Streisand effect.
The OC attorneys are trying to get a english a page removed from google index: lumendatabase.org/notices/14329345
New info from Bjorn Bjercke.Censured