India is Cracking Down on OneCoin
Reports are emerging that authorities in India are undertaking a broad crackdown on OneCoin.
Pyramid Scheme
Bulgaria's government has revealed it is part of an international crackdown of OneCoin.
The president of Brazil's central bank compared bitcoin to a financial scam, according to newly published statements.
China's public security ministry says it will take aim at pyramid schemes in the country, including those that purportedly involve cryptocurrencies.
A consumer rights watchdog in Italy is fining a group of companies that have promoted OneCoin.
A bitcoin-focused pyramid scheme appears to have targeted Buddhist meditation practitioners in Thailand, according to a local news source.
Pyramid Scheme
Digital Currency Pyramid Scheme Operators Jailed in Spain
A Spanish court has remanded in custody the alleged operators of a pyramid scheme that used a fake digital currency called ‘unete’. Temporary imprisonment pre-trial is typically set as a precaution to avoid defendants from fleeing or destroying necessary evidence during a case. The court documents, dated 21st October, state that Jose Manuel Ramirez Marco and Maria del […]
