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by Sami_Lehtinen 3342 days ago
There are many rumors circulating around OneCoin being a scam. Afaik it hasn't been (yet) proven to be a scam. https://www.onecoin.eu/en/
2 comments

If you consider that most EU equivalents of SEC have issued warnings against OneCoin I would say that counts as a scam.

The amazing thing is that OneCoin does not even have a public blockchain or any chain.

Probably just an Excel spreadsheet with periodic applying of *2 formula.

It is just a regular pyramid which has nothing to do with cryptocurrencies besides the name.

I get regular questions from non-technical people who have been asked to "invest" in OneCoin.

It is hard to tell people to stay away.

Are you kidding me?