onecoin in A Sentence

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    Onecoin recruted 3 million members worldwide.

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    2

    Onecoin claims to have 3 million members worldwide.

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    Onecoin purportedly has over three million members worldwide.

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    Cops interviewed over 50 persons involved in Onecoin and sealed its operations.

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    Interestingly, Onecoin promoters also claim they are a business rather than a crypto-currency.

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    The centralized system also means that the Onecoin block chain does not resemble a public ledger.

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    However, to earn more‘tokens', you need to enlist people from your social network into the Onecoin chain.

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    8

    Since Onecoin has collapsed, there are no ways and means that this Ponzi scheme will fetch you any returns.

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    9

    Members are encouraged to buy educational packages from Onecoin, at prices ranging between Euro 100 and Euro 120,000.

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    10

    Onecoin, a cryptocurrency investment scheme, has been sued by its former investor, Christine Grablis, over her losses of $130,000.

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    11

    In exchange, they are provided‘tokens' that help them‘mine' Onecoin and- surprisingly- other crypto-currencies, over their respective and independent blockchain.

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    12

    Onecoin claims to be the world's single largest crypto-currency and its blockchain is geared to issue a total of 120 billion units.

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    It has been alleged that Onecoin were involved in fraudulently promoting cryptocurrency investment thereby violating the federal securities laws of New York.

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    14

    In January 2017, Onecoin's offices in Sofia were raided by a team of police from at least three European countries- Bulgaria, Germany and Italy.

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    15

    By requesting documentation that proves the identity of each client, Onecoin makes sure that each value transfer made by using the protocol is not anonymous.

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    In order to prevent individuals from engaging in criminal behavior, Onecoin has taken active steps in monitoring the market and implementing rules aligned with the legal development.

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    17

    Onecoin has the ambition to become the next big cryptocurrency as it uses the latest technology, provides long term value to its investors and has a well thought through concept.

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