OneCoin @ BehindMLM

In a Bill of Particulars filed on February 22nd, the DOJ has revealed Mark Scott’s seized assets. The detailed list provides insight into shell companies and which countries Scott assisted OneCoin with laundering invested funds through.

On February 8th Mark Scott was served a grand jury subpoena, requesting “a wide variety of documents” related to OneCoin. Whatever evidence is in those documents, Mark Scott doesn’t want a grand jury seeing them.

The “bitcoin vs. OneCoin” lawsuit that has been playing out in Germany has come to an end. The final judgement wasn’t an outright win for the defendants, but equally not an outcome OneCoin was hoping for.

A court transcript has provided the clearest picture of the ongoing international investigation into OneCoin yet.

New Zealand’s Financial Markets Authority is claiming OneCoin has “the characteristics of a scam”. The FMA issued a consumer warning against OneCoin following information received regarding

One of the recurring themes in OneCoin circles is a lack of transparency. What’s left of the company rarely communicates with what’s left of its affiliate investor-base. And when announcements are made, they inevitably lead to more questions, most of which go unanswered. The good news is it’s not just affiliate investors being kept in [Continue reading…]

The regulatory noose around Ruja Ignatova’s neck has tightened even further, following the arrest of Sebastian Greenwood. We all seem to have slept on the news, which was reported in a throwaway paragraph by the Bangkok Post on November 5th.

A resident of the town of Meissen has been ordered to compensate victims he lured into the OneCoin Ponzi scheme. This is the second civil case the man has lost, on top of a criminal case filed by Bielefeld Prosecutors.

Thailand’s SEC has issued an investor warning against OneCoin and Orientum. No digital asset issuer is permitted. No one has filed an application for a license and (details of their business) model with the SEC, so (we are) warn(ing) investors to be cautious. According to the regulator neither company has registered to offer securities in Thailand, [Continue reading…]

Despite all sorts of nonsensical reports coming out of the OneCoin affiliate-base, the German criminal investigation into OneCoin is still very much active.