OneCoin’s bungled US trademark application
As first uncovered by BehindMLM reader OzDelphi, on the 16th of April 2015 One Network Services Ltd. filed a US trademark application for “onecoin”.
One Network Services Ltd., believed to be OneCoin’s parent company, sought to trademark the OneCoin name ‘without claim to any particular font, style, size, or color‘.
Irina Dilkinska was the name on the application, cited as One Network Services Ltd.’s “Head of Legal and Compliance Department”.
On July 24th, 2015, the United States Patent and Trademark Office (USPTO), responded to OneCoin’s application with a notice of potential conflict.
At the time a pending trademark application existed for “One World One Coin”. The USPTO wrote to OneCoin informing them that should One World One Coin be granted as a trademark, OneCoin application was likely to be refused because of ‘a likelihood of confusion between the two marks‘.
OneCoin was given 6 months to respond to the USPTO’s concerns, however as of February 2016 they had failed to do so.
Here’s where things get murky…
The “One World One Coin” trademark application was filed on January 5th, 2015 by an Illinois attorney representing Aurum Coin Ltd.
Aurum Coin is a standalone cryptocurency that has been in development for over a year. Originally intended to be developed via crowdfunding, in early 2015 OneCoin claimed to have “partnered” with the company.
As per the OneCoin website;
We partner with one of the hottest and newest hybrid crypto-currencies – the Aurum coin.
We offer our traders a one time opportunity to profit from holding the two of the hottest and most innovative products in the emerging crypto-currency market – OneCoins and Aurum Gold Coins.
The specifics of the relationship between OneCoin and Aurum coin have never been made public. Confusingly the Aurum coin Facebook page suggests plans to fund the development of the cryptocurrency via Indiegogo are still going ahead.
April 7th, 2016
Our indiegogo campaign is getting close.. AurumCoin needs your donations but above all it needs your attention and interest!
In any event, Aurum Coin Ltd. was issued a Notice of Allowance on December 29th, 2015. The company has yet to file a Statement of Use, confirming that they are using the trademark in a commercial application.
Getting back to OneCoin’s trademark application, on February 19th, 2016, the USPTO filed a notice of abandonment.
No response to the office action mailed on 07/24/2015 was received in the United States Patent And Trademark Office. within the six-month response period.
Standard procedure sees OneCoin permitted to request reinstatement of the application within two months (April 19th, 2016).
At the time of publication OneCoin have yet to file a reinstatement request. The company did however file a Revocation of Attorney notice on March 25th.
In place of Irina Dilkinska, OneCoin are now represented by a US-based attorney in Florida. Whether anything further comes of it remains to be seen.
Of note is OneCoin’s attorney notice was signed off on by Veska Ignatov. Last month Igantov was outed as OneCoin CEO Ruja Ignatova’s mother.
According to the Finnish Broadcasting Company (Yle), Veska Ignatov heads a network of shell companies used to launder funds invested in OneCoin.
Another point of interest is how OneCoin described their business in their trademark application.
Pseudo-compliance sees the company and its investors claim to sell “educational packages”. Yet here’s how OneCoin identified their business to the USPTO:
Financial services, namely, providing electronic use, transfer and/or exchange of a virtual or cyrpto-currency by users in an on-line community via a global computer network and the Internet.
Through OneCoin’s offered financial services, the company solicits investment of real money which it converts into virtual points (OneCoins). OneCoin themselves set the value of OneCoins, which investors convert back into funds sourced from subsequent investment.
There is no mention of educational packages anywhere in OneCoin’s trademark application.
To be honest I’m not really sure what the driving force of OneCoin’s trademark application is. The company clearly can’t operate in the US legally as it’s a blatant Ponzi scheme.
This was evidenced back in late 2015, where rather than register with the SEC and provide detailed accounting, OneCoin instead chose to flee the US.
In related news, the status of OneCoin’s scheduled event in Harbin, China is unclear.
OneCoin first announced the “grand ceremony” event on their Facebook page in early March.
Since then no updates about the event have been published.
Indications that something might be up were first observed a few weeks ago.
As per a since-deleted comment left on OneCoin’s Facebook page on March 28th;
Hello, I was in China a Onecoin investors.
Why Does the company April 23 meeting in Harbin, China postponed.
I’ve been trying to source additional information about the event, speficially whether it has indeed been postponed (and if so, why).
Yesterday, BehindMLM reader Leo Wang provided us with an update:
China Harbin Meeting is just turned down by Government & Police. Recent News from China!P
Pending further information, the status of OneCoin’s Harbin event remains unconfirmed. Ditto whether Chinese authorities are investigating the scheme.
In the meantime we’ll keep an eye on whether OneCoin file a reinstatement application before the deadline next week. Stay tuned…
Footnote: The trademark filing numbers for One Network Services Ltd. and Aurum Coin’s applications are 86600104 and 86494839 respectively.
For those wishing to conduct further research into the applications, both can be looked up via the USPTO website.
Oz, you forgot the h/t.
Oz, I quite sure that the gold coin owned by Ruja Ignatova is called Aurum Gold Coin at NOLINK://goldvault.co, not AurumCoin at NOLINK://www.aurumcoin.com
Apologies for missing the hat tip, was making sure I didn’t miss any information in the filed documents and missed it. Fixed now.
It seems to be a little ambiguous with OneCoin’s website referencing both Aurum coin and Aurum gold coin.
Otherwise what are the odds of there firstly being two Aurum coins and secondly the filing of a trademark application containing “one coin”.
Too much of a coincidence for me.
So, no mention of educational packages anywhere in OneCoin’s trademark application.
I noticed that the majority of the Investment Sales Pitches on OneCoin Pumpers Facebook pages “focus” on the Rate of Return and NOT the “educational packages.”
Our favorite Ponzi Pumper, Ken Labine, just created the most “telling” video to date about what is driving the growth of OneCoin.
HEADLINE: OneCoin Package Options! Is €10,110,815 possible? YES!!!
FIRST SLIDE: TYCOON TRADER – PREMIUM – INFINITY UPGRADE + SafeTy (7 splits) Includes 510,000 tokens! €46,780 ($52,777 US) Potential Future Value of Coins Received: €10,110,815 ($11,407,021 US)
OBVIOUS COMMENT: $52,777!! Now that’s some expensive Crypto-currency Education you’re selling there Ken.
___________________________________________________________________
* * * * * Return Rate (Discount Rate / CAGR) Calculator * * * * *
___________________________________________________________________
Inputs
Present Value: $52,777.00
Future Value: $11,407,021.00
Years: 3
Calculate Results
Compound Annual Growth Rate:!!!!!!!500.13%!!!!!!!!!
___________________________________________________________________
It’s a “gooder” alright!
Success leaves clues! And, “ponzi pumpers” leave evidence.
OneCoin are doing ROI calculators now?
Those compounding spreadsheets didn’t work out too well for Zeek Rewards…
@Oz
I took Ken’s numbers from his video and inserted them into the “rate of return” calculator found here: NOLINK://www.moneychimp.com/calculator/discount_rate_calculator.htm
Most of the OneCoin Investment Advisors use the value of the coin and NOT the Rate of Return in their pitches. In my opinion, this is because a 500.13% Compounded Annual Growth Rate is just crazy, even for a naive investor.
However, by showing the Rate of Return for BitCoin and then showing the Price Increase of the OneCoin since inception, it sounds more attainable. Then, they throw in their OWN personal Investment Experience and Viola….instand ponzi profits for the pumper.
For example, Kevin Foster likes to brag on his FB page that his Investment with OneCoin has grown to 7-figures.
How long will it last though and at what cost to the Investors AND Pumpers? Stay tuned!
Link to Ken’s video: NOLINK://youtube.com/watch?v=ozj6JW_OAZE&feature=youtu.be
Same on YouTube. On Labine’s own channel is a video of Juha Parhiala speaking through a translator to a Vietnamese audience:
The excitement in the audience at hearing this was palpable.
Of course, Parhiala does not name any of these so called experts.
I meant to quote this part about coin price in my last post, not the one about rate of return.
I had a small debate with another Onecoiner in Florida today.
What is amazing bout these guys is that those who have been in for awhile seem to be able to sell a few coins (although they ONLY seem to do so to show their downline that it is possible – despite the fact that many relatively new members seem to have terrible trouble selling coins, and are thus trying to sell their actual packages and accounts).
So, DESPITE the “market” (if you can call it that) being a closed loop, within that small loop uplines seem to be able to sell some at the price their brainwashed downline has swallowed as “current market rate [around $6.00]). So, to these people, there seems to be some small demand (despite the delays and complaints from others, as evidenced on OC FB pages).
So, Onecoin’s FIRST moto seemed to be, “don’t listen to anything negative about Onecoin, it’s not true, bloggers get paid for every click to their sites, so don’t even give them that.”
To, this second wave, stated by their new marketing overlord, Ludbrook, as well as Jehu Pariah and others, “ANYONE WHO SELLS NOW WILL HATE THEMSELVES LATER, SO “HODL!” (lol)”
As such, they are stimulating a little bit of artificial demand from those “FOOLS” who are selling their coins – of course we all know that this is a vital part of the scheme.
It is literally impossible to rationalize with the Labine’s of this scam, and even MOST of their downlines because they are being force fed such shovels of shit that is being called “gold,” (haha, like Aurum Gold Coin scam) that they have lost all sense of logic.
“In psychology, cognitive dissonance is the mental stress or discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time, performs an action that is contradictory to one or more beliefs, ideas, or values, or is confronted by new information that conflicts with existing beliefs, ideas, or values.”
“Leon Festinger’s theory of cognitive dissonance focuses on how humans strive for internal consistency. An individual who experiences inconsistency (dissonance) tends to become psychologically uncomfortable, and is motivated to try to reduce this dissonance—as well as actively avoid situations and information likely to increase it.”
“After someone has performed dissonant behavior, they may find external consonant elements. A snake oil salesman may find a justification for promoting falsehoods (e.g., large personal gain), but may otherwise need to change his views about the falsehoods themselves.”
It’s really an interesting mission to undertake in trying to expose the folly of these people’s ways, since logic no longer seems to work.
Like the claim of her “>200 IQ,” if Grand Wizard Ruja announced that she so happened to have taken a trip to the moon last week with a close friend and they actually brought back green cheese, a Onecoiner would be most likely to simply ask how it tasted.
She is literally their L. Ron Hubbard, and Onecoin is worse than Scientology to these poor cult followers.
Two points of clarification on my previous posts:
1. What is the focus of the typical OneCoin presentation? Crypto-currency Educational Packages or Investment Potential?
IMO, based on what I’ve seen, they Sell the Investment Angle and only refer to the Educational aspect with a begrudging “wink and a nod”.
2. How do OneCoin Pumpers sell the Investment Potential?
They use the Growth Rate of Bitcoin, the past increase in the value of OneCoin and then add their OWN personal Investment results. Or, simple one-word answer: greed
They don’t mention the ACTUAL Rate of Return because it would blow the deal. A 500% Annual Rate of Return is simply not reasonable, even for the naive investor.
Example, take from a OneCoin Promoter’s Facebook page just 2 days ago:
This is now my favorite thing to watch every day. It’s the #OneCoin dashboard. The Split barometer has been jumping up at 3-6% daily, which means in a few short weeks, those that saw an opportunity will once again see their money DOUBLE!
The price of just 1 OneCoin Jan 2015 was 50 cents!…now in just over a year it’s at $5.64. Bitcoin reached $1200 a coin at its peak. I currently have over 700 One Coin coins. When the OneCoin reaches $50 a coin, I will have $35,000!! When it reaches $100 I will have $70,000…it is speculated to beat Bitcoin’s $1200 a coin peak…when it reaches I will have $840,000.00!! By then I will have purchased a ton more coins too smile emoticon
Click on to another post…you don’t need any more money right?
NOTE: There is No mention of Rates of Return or Crypto-currency Education.
The Title of Ken Labine’s most recent Youtube video is:
OneCoin Package Options! Is €10,110,815 possible? YES!!!
NOW, let’s take a look at the same Headline Title but with Rates of Return shown instead of just showing the value:
“OneCoin Package Options! Is a 500% Annual Rate of Return possible? YES!!!”
For a OneCoin investment of €46,780 to reach €10,110,815 in 3 years, an Annual Rate of Return of 500% would be required.
IS THAT POSSIBLE in the real world? Well, do I even need to say the word?
In a word – laughable!
See below for a link to an article in Forbes (yes….that magazine) about Traditional Rates of Return
NOLINK://www.forbes.com/sites/advisor/2014/04/24/why-the-average-investors-investment-return-is-so-low/#2c00c35a63a4
Update on Facebook post by Ken Labine showing projected Compounded Annual Rate of Return of 500% on a €46,780 investment with OneCoin:
As of today, 35 people have LIKED Ken’s post and 36 have SHARED it with their own Facebook connections.
(Note: Ken gets FREE exposure when others like/share his videos. It helps him build his database, advertise his deals and increase his FB connections. What! Did you think Ken created these videos for the benefit of OTHERS? Really?)
Did these people “question” the math, discover Ken was suggesting that a 500% Rate of Return was even possible and shared it anyway? Or, were they motivated by “greed” with a shot at “quick and easy money” and share/like with their FB contacts in an effort to profit FROM them?
So, it appears the old adage, “Birds of a feather flock together” was true after all. And, what P.T. Barnum said over 125 years still holds true today, especially for our OneCoin friends:
“There’s a sucker born every minute.” ― P.T. Barnum
Actually, PT. Barnum never said that. It was said by one of his competitors. But that’s just me nitpicking. 🙂
NOLINK://en.wikipedia.org/wiki/There%27s_a_sucker_born_every_minute
@ K. Chang
I guess next you’ll be telling us that Sherlock Holmes never said, “Elementary, My Dear Watson” 🙂
Mr. Labine….. strange how he allows him self to violate OC’s rules:
§7(1) …. “IMAs will only make such statements about the goods offered by ONECOIN and the ONECOIN sales system as correspond to the content of ONECOIN’s marketing and informational materials”
… and if OC knows about this and silently acknowledge his behavior and outgoing statements, says a lot about the company… all means counts
But on the other hand, they may not yet have decided what to do with him (KL) and maybe he is gone tomorrow…
One thing is for sure: he sets the bare at lowest point 😀
Actually I just noticed something…
Why are they filing the TM in the US?
They are based in Bulgaria. They should be filing the TM in the EU through the EUIPO, NOT through the USPTO.
Checking EUIPO shows they never got an application of trademark for OneCoin. There are two credit designs onfile for OneCoin… through the Dubai office of OneCoin… NOT Bulgarian office.
NOLINK://euipo.europa.eu/eSearch/#basic/1+1+1+1/50+50+50+50/onecoin
There’s some shenanigans here. Something’s fishy.
If you insist…
Correct, Sherlock Holmes never actually said “Elementary, my dear Watson.”. He had said it many times separately, but never together, at least in the Sherlock Holmes canon by Sir Arthur Conan Doyle. 🙂
NOLINK://todayifoundout.com/index.php/2013/08/sherlock-holmes-never-said-elementary-dear-watson/
Man….. 0 for 2.
Ok, I’ll take Famous Quotes for $300 Alex.
Who said, “Play it again, Sam”?
My answer: Humphrey Bogart in the movie Casablanca. 🙂
Dear Editor,
This is easy to confirm the cancellation of Harbin, China Event:
Number of Harbin’s Sport Stadium: (86)045182273000
And the stadium will refer u a guy called “Ting” finally he / she will instruct you to refund for the ticket, etc.
Ting’s China Mobile: (86)13224522111
You can try and find out the status.
Baaaaaarp – wrong.
In the 1942 film classic Casablanca, Richard “Rick” Blaine (Humphrey Bogart’s character) never says “Play it again, Sam.”
In fact, nobody does.
There are two exchanges that come close. The first takes place between Ilsa Lund Laszlo (Ingrid Bergman) and Sam (Dooley Wilson).
Ilsa Lund: Play it once, Sam. For old times’ sake.
Sam: [lying] I don’t know what you mean, Miss Elsa.
Ilsa Lund: Play it, Sam. Play “As Time Goes By.”
Sam: [lying] Oh, I can’t remember it, Miss Elsa. I’m a little rusty on it.
The second takes place between Rick and Sam.
Rick: You played it for her, you can play it for me!
Sam: [lying] Well, I don’t think I can remember…
Rick: If she can stand it, I can! Play it!
Nope! ☺
The correct qoute is: “Play it, Sam…” and it was said by Ingrid Bergman.
Does Ting speak English?
Some recent comment on onecoin Facebook page
Down it goes 🙂
Come on now. OneCoin are just helping investors hoard OneCoins… in preparation for the eleventy billion merchants they’re going to hook up over the next 24 hours.
That’s still a thing right?
Imagine how upset investors might be if they unknowingly withdrew funds prematurely.
Please post link(s) to video(s) of leaders (and time in minutes and seconds), where they say, that OneCoin will have many merchants when 30% of coins is mined.
You can start here … youtu.be/XeEaI7nklsw?t=2h34m13s
I was researching for OneCoin’s official statement on the 30% merchant thing (think it was in one of their state of the nation calls circa August last year), when I came across this: onecoin.eu/upload/library/manual/en/L1.pdf
You can change L1 up to L5 (L2, L3 etc.).
Tell me this isn’t the “educational packages” investors are purportedly paying $1000s for? It’s available free for download for everyone…
I’m not sure if Ken Labine is a Onecoin leader.
He is probably more of an attention-hungry pumper, than a leader. The leaders are the real criminals in this story. Ken’s just crazy.
OK…. 0 for 3, but surely this Famous Quote is correct!
“I Disapprove of What You Say, But I Will Defend to the Death Your Right to Say It” – Voltaire
ATTENTION PONZI PUMPERS. Pick your countries wisely!
Run your little ponzi in China and you risk losing it ALL. They don’t fine you. They don’t give you a few years in the can. In China, if you promote a Ponzi Scheme…..they KILL you.
NOLINK://ponzitracker.com/main/2013/5/18/death-sentence-for-chinese-woman-convicted-of-70-million-pon.html
Finnish country manager Tommi Vuorinen has been blabbering about that 30 % limit for using onecoins to shopping.
Vuorinen has been promising that for quite some time as well as that there will be about 50.000 shops open for onecoins by the summer. I recall some onecoiners rumouring about much higher figures.
Has OneCoin been signing up merchants directly over the past 12 months?
Highly doubtful.
I mean, come on folks, we see disgruntled Investors complaining about the lack of liquidity on the main OneCoin Facebook page everyday. If OneCoin can’t service their OWN investors, how are they going to handle the customer service for thousands of shops and potentially, millions of individual transactions?
Ponzi schemes leave clues (and evidence).
However, an effort to appease their reps, OneCoin could simply announce that their Master Card has partnered with a third-party affiliate aggregator system (similar to CJ Affiliate Conversant or Rakuten).
Ponzi Promoters like Ken Labine, Tom McMurrain, Kevin Foster and Carl Wilt will spin it as proof that OneCoin is the “future of payments” in their effort to attract more investors.
They need to make as much REAL MONEY (US DOLLARS) as they can before it collapses, in my opinion.
However, what the Company and Pumpers promised was much different, especially our favorite Ponzi Pumper, Ken Labine.
Will OneCoin announce tens of thousands of merchant who now accept OneCoin DIRECTLY as payment on Monday? Or, will Ken Labine and others have even MORE “splaining to do”?
As has been noted on this site many times, anything is possible from this group of Ponzi Pumpers. Remember, it was Ken Labine who created a video showing a potential rate return of 500% compounded annually.
500%!!!???!!!
OMGOSH – – You are the man, Ken.
Stay tuned!
@ Chris Bailey
Wow!! Thanks for this post. There is no “wiggle-room” in this statement.
From his own youtube video, Ken Labine IS on record now as saying,
Note: Starts at 2:34:32
Tick – Tick – Tick
Onecoin did it… I heard all 50,000 McDonalds will begin accepting OneCoin.
For 30 OneCoins & $2.00 cash, you can purchase any item off the dollar menu
@ Rockfish
You are too late. Ken Labine just published a 4-hour video saying the same thing!
It already has 38 Likes and 42 Shares.
Which gives credence to the Old Saying, “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.” Abraham Lincoln
Ken Labine is a great example why too much dialogue and attempts to understand the product in recruitment based opportunites are detrimental to people.
I understand when reporting on, and exposing one, details are necessary. What I am referring to is the danger for the mark.
The mark is easily distracted by numbers and details, and guys like Labine have an answer for everything. When the person thinks he gets it, is blinded by flashes of riches, his ego gets empowered.
The ‘willing victim’ forgets that not a single endless chain recruitment based opportunity has ever succeeded in bringing great wealth. Some people have made money pimping and with back door deals, but none have done it the way advertised to the regular recruits.
The opportunity either gets shut down by authorities, or people quit for not making money, you are a liar, or all the above. It’s all bad.
Great job Labine in helping further support that there is only one thing the HONEST person needs to ask when approached, “Is never ending recruitment an option to make more money?”
If it is, just say no. All other questions and explanations (like Labine’s seemingly plausible ones) are an unnecessary evil.
I came across this image while investigating some chinese reddit like site/ threads talking about Onecon.
One of the comments stated, to the best of mine and Google translation, something to the effect of”my friend put $20,000 in (my note: not sure if USD) but when he see the money he put it right back in again for greater benefit, and on and on.
So, it is a hoax and that the trick (to continue to keep putting more and more money for the “education packs” which come with greater amounts of ponzi tokens and ponzi benefits).
Here is the harsh landing page caution/ warning that is displayed: uf.cari.com.my/forumx/cforum/forum/201602/25/154744p63ih9hyyvb8zi83.jpg
Not sure what site or search engine it is from, but in order to display such a warning, I would assume there had to be a grip of people who complained!
My little mini-bio on Mr. McMurrain is up:
NOLINK://amlmskeptic.blogspot.com/2016/04/is-it-just-series-of-bad-judgment-or.html
@TimTayshun — that’s in Malaysia.
Nice work!
This was posted by Ken Labine on his Facebook page looks like someday never comes 🙂
OneCoin doesn’t need to make an announcement about the merchant platform, they’ve already done so.
The announcement was that when they hit 30% mining, they had 500,000 merchants lined up and good to go.
30% mining came and went, still no merchant platform.
I found this link in a comment one Onecoin’s page. Lol.
(note: this is using Google translate)
Lue lisää: translate.googleusercontent.com/translate_c?act=url&depth=1&hl=fi&ie=UTF8&prev=_t&rurl=translate.google.com&sl=fi&tl=en&u=http://onecoin-finland.webnode.fi/news/onecoinin-maajohtaja-tommi-vuorisen-mediatiedote/&usg=ALkJrhjapFoeQvriT_VXfSwi3e3gaa-dwA”
NOTE: Posted just to further SOURCE the claim if it had not been sourced from here yet
Tommi Vuorinen has also said the same thing during a recent interview in a Finnish television program – as well as many other occasions.
He likes to present himself as a man who knows that Onecoin is a real deal and anyone who dares to question this is a fool.
Here’s a clip of the Finnish television program with subtitles: youtu.be/c7aArQfDVRU?t=94
OneCoin is not deleting the negative posts fast enough. Here are a few taken from their Facebook page today:
Ken Labine (Mr. Egg-on-my-face himself) made a video back in 2015 where he tells the world if there was no announcement of merchants after 30% mining, he would be worried. In his own words, “And that’s a Straight Fact. Straight Fact!”
Yesterday, someone reminded Ken about his youtube video and NOW SAYS:
Ken says, “put yourself in Dr. Ruja’s shoes”
So, Ken is saying it is actually a good thing that Dr. Ruja missed her own deadline and commitment to her sales reps and their investors?
Whoot! Whoot! It’s all there for the world (and regulators) to see.
OneCoin needs to do what Ted Nuyten does and block comments on OneCoin related content entirely.
Oh wait… Facebook.
Regarding the 30% mining merchant noshow, as I understand it affiliates are now hyping themselves up for an announcement at the London event in June.
Here’s the thing though, it’s currently based on nothing. Despite hitting 30% mining, to date there’s been no word about merchants from OneCoin.
Hell, for a company that promotes recruitment events in bumfuck nowhere relentlessly on their Facebook page daily… you’d think they’d even at least acknowledge 30% of OneCoins have been generated by their script?
Nah. Sweep it under the rug and hope nobody notices.
From what I see on their FB pages, and to solve the influx of negative posts and complaints, more and more of them have at this point disabled comments, altogether! If that isn’t a huge red flag for new recruits, I don’t know what is!
*Disclaimer – It is, I s’pose, possible that I am not seeing comments because most of those pages have blocked my own comments of warning. But, I don’t think that’s how it works, since I can still view all their pages and posts.
If someone else wants to confirm this or not, I dunno. Whereas I used to see tons of comments on main pages, on many there are ZERO comments and only “shares,” which I assume means comments are disabled. Just wow!
Is there a Can Le’Bean in the house to s’plain this?
Well… I do know, Ken Labine is reading these threads…
So Mr Ken Labine… Where are the pictures of your face , filled with eggs??
Please see your own facebook comment from 8th of January 2016:
We are truly – looking forward to see this , as today , there are NONE! NULL! NOTHING! where you can use your imaginary currency!
yesterday, aurum coin posted this message on its FB page:
‘agc’ probably means ‘aurum gold coin’ which was floated by onecoin’s ruja ignatova in 2015.
so, did the legit aurum coin ever have a ‘partnership’ with onecoin?
what has happened to ruja’s aurum gold coin? it isn’t talked about anymore?
in a recent youtube video ken labine stated that the aurum gold coin may be redundant now as onecoin had a new blockchain coming up in october [what does a new blockchain have to do with aurum gold coins anyway?]
whatever the confusion is, it is now clear that that ruja ignatova has not followed up with the registration of her ‘onecoin’ trademark in the US.
so, onecoiners can no longer strut around facebook claiming : onecoin is legit because look, look, we have applied for a trademark in the US!
Probably because, like everything else OneCoin puts out, it was smoke and mirrors.
The only reason they got caught out is because Aurum Coin Ltd.’s similar sounding name and trademark application saw OneCoin abandon their own.
OneCoin wasn’t counting on Aurum Coin Ltd. piping up and declaring they had nothing to do with OneCoin. The AGC smoke and mirrors has meanwhile been quietly dropped (remember when OneCoin were running around claiming OneCoins were “backed by gold”?).
Anyone who ran with Aurum Coin Ltd.’s trademark application as some sort of proof of OneCoin entering the US market did so of their own volition and bears full responsibility for any misinformation they published.
This article merely explored OneCoin’s bungled US trademark application. It’s right there in the title.