ONE Coin is highly prominent in the recent prospective conversations, with several developments contributing to its prominence. Co-Conspirator of the company instigated a plea to avoid imprisonment for his role in money laundering, triggering major controversy surrounding the firm. Further news reveals a UK court enforcing a global asset freeze for the 'Cryptoqueen' and her ONE Coin associates, adding to the negative sentiment. The
US State Department has amplified the reward for information regarding the 'Cryptoqueen' to a staggering $5 million. Additionally, a lawyer was sentenced to a 10-year prison term for laundering the proceeds of OneCoin scam.ONE Coin's legal officer was given a 4-year sentence for his role in the crypto scheme. The State Department has announced a
$5M bounty for the 'Crypto Queen'. An asset freeze has been put in place for fugitive 'Cryptoqueen' Ruja Ignatova, as well as a global asset freeze targeting the 'Cryptoqueen' and OneCoin. A new individual has been arrested and charged in connection to the OneCoin scheme, while reports suggest the brother of the 'Cryptoqueen' has been released after three years in jail.It’s evident that the cryptocurrency, despite its market position, is embroiled in legal disputes and various scandals. Reports suggest that OneCoin's operations may embody more characteristics of a Ponzi scheme rather than a genuine cryptocurrency platform. Further market analysis suggests
mixed sentiments surrounding this crypto, as investors and traders respond to the unfolding legal proceedings.
ONE Coin News Analytics from Thu, 30 Jun 2022 07:00:00 GMT to Wed, 09 Oct 2024 10:13:00 GMT -
Rating -7
- Innovation -8
- Information 5
- Rumor -10
