The OneCoin exchange has been approved and Shenzhen OneCoin fully purchased a car are untrue news. They are a promotional method for a suspected ** cryptocurrency project OneCoin, with the purpose of attracting more investors. OneCoin has not been officially recognized and supervised by the government or region, nor has it disclosed its blockchain code and transaction data. It is widely suspected of being a Ponzi scheme, as detailed below.
1. OneCoin Exchange has been approved is a false news, the purpose is to attract more investors to participate in this suspected ** project . Because OneCoin is a cryptocurrency project founded by Bulgarian Ruja Ignatova in 2014. It claims to have its own blockchain technology and trading platform that allows users to purchase education through Courses to earn OneCoin and trade on its internal market. However, OneCoin has never disclosed its blockchain code and transaction data, and there is no independent third-party organization to audit and verify it, so it is widely suspected of being a Ponzi scheme.
2. Moreover, OneCoin has carried out large-scale promotion and recruitment around the world, using various marketing methods and false promises to attract investors, such as claiming that OneCoin will become the next Bitcoin, or claiming that OneCoin will become the next Bitcoin. Coin will become the first licensed exchange in the EU1. However, these are all unfounded lies. In fact, OneCoin has not been officially recognized and regulated by governments or regions. Instead, it has been warned and banned by multiple governments and institutions.
3. In addition, in October 2017, Ignatova suddenly disappeared and was subsequently charged by the US government with multiple crimes including terrorism, wire fraud, and securities fraud. Her brother Konstantin Ignatov took her place but was arrested by US authorities in March 2019 and agreed to testify as a witness against his sister. Currently, Ignatova’s whereabouts remain unknown, and OneCoin’s operations have fallen into stagnation and chaos.
1. Shenzhen OneCoin full purchase of a car is a baseless rumor designed to mislead the public and investors and cover up its essence as an illegal ** organization. Currently, the whereabouts of founder Ignatova remain unknown, and OneCoin’s operations have also fallen into stagnation and chaos. Against this background, someone spread the news on the Internet about buying a full car with OneCoin in Shenzhen, claiming that one can use OneCoin to buy luxury cars in Shenzhen, such as Mercedes-Benz, BMW, Audi, etc.
2. These messages are carefully crafted and packaged to attract more people to join the OneCoin project. However, these messages are false and not supported by reliable evidence. **It is illegal to use OneCoin as a means of payment to purchase a car. In fact, the Shenzhen Municipal Government has launched a severe crackdown on OneCoin, sealing down multiple suspected fraud sites and arresting a group of people involved.
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