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Onecoin Meets its Dark Future

Onecoin Meets its Dark Future

  • Onecoin, the cryptocurrency which has a separate private Blockchain of its own now, is right now facing many issues.
  • Sources have said that with too many lawsuits that have been filed, it is possible that either of the platforms may never come back in the future.
  • Now it is still to be identified whether the situation will go in favor or against it.

Onecoin, the cryptocurrency which has a separate private Blockchain of its own now, is right now facing many issues. Due to its organizational structure, it is termed as a Ponzi scheme, which in turn means that the previous investors who invested first are provided with the profits and the scheme has made many headlines over the years.

The main website now seems to have been taken down, and neither the reason or it’s comeback time have been confirmed. Its reason is still a mystery to be solved.

When one of the Twitter users, mentioned how a lot of furniture was taken from headquarters, it further could be made out that there has been something going wrong with the Giant. Neither the Onelife website or the OneCoin website could be accessed in the present date, which also signifies that there must have been yet another development in its timeline.

Sources have said that with too many lawsuits that have been filed, it is possible that either of the platforms may never come back in the future.

The end is near for OneCoin in Europe
To date, it is still one of the most successful scams to ever be created. Billions of dollars of investors have been at stake with the main culprit responsible for the same is still unidentified. Now it is still to be identified whether the situation will go in favor or against it. Without a proper reason, nothing can be shared yet on various platforms. Now the only target of the Onecoin solely goes to Sofia.

With Truth yet to be discovered, all we can do is to stay tuned!

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About Steve Anderrson

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Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

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