Konstantin Ignatov arrested at Los Angeles airport

OneCoin logo on the door of their office building in Sofia, 2016

OneCoin

(vancoin, from One - unit, Coin - coin) is a financial pyramid under the guise of selling “training packages” through network marketing[2], launched by Ruzha Ignatova in 2014.

OneCoin was positioned as an analogue of the Bitcoin system. At the same time, there were initially significant differences from what is usually considered cryptocurrency[2]:

• OneCoin does not have a peer-to-peer network, “mining” is carried out exclusively by itself (Gibraltar) without describing the actual procedure;
• operations are available only through sites controlled by “One Coin Limited” (in your personal account, OneLife MLM network, through the DealShaker platform);
• Only One Coin Limited has complete control over the database.

In the electronic publication CoinTelegraph (English) (Russian), which specializes in cryptocurrency issues, two articles were published in 2015 in which OneCoin showed signs of a financial pyramid[3][4]. A similar assessment was given by other publications[5 ][6][7] both because of the peculiarities of onecoin generation, and because of the many people who play a significant role in OneCoin, and previously participated in other pyramid schemes[8][9].

In 2022, Ruzha Ignatova did not show up for the planned event and secretly left Bulgaria. Since then there has been no news about her. It became known that OneCoin lacks elements inherent in cryptocurrencies, including the lack of blockchain technology[2]. However, as of November 2022, the company continued to attract new customers. According to various estimates, from 4 to 15 billion euros were invested in the pyramid worldwide[2].

Content

• 1 Concept
• 2 Criticism
• 3 Official decisions and regulations 3.1 Statement of the Bulgarian Financial Supervisory Commission
• 3.2 UK Financial Conduct Authority
• 3.3 Decision of the Italian Competition Authority
• 3.4 Decision of the German Federal Financial Supervisory Authority
• 3.5 State Revenue Committee of the Ministry of Finance of Kazakhstan
• 3.6 Belize Financial Services Commission Statement
• 3.7 “Vietnamese license”

Concept

To sell onecoins, he uses network marketing. According to information from the company, its main business is the sale of educational materials on stock trading in the form of video lessons that teach people how to use cryptocurrency, so legally the company does not have any financial obligations to participants. The management and management of the company specifically emphasized this in press releases, which stated that onecoins in the “user’s personal account” are only a way to teach people how to work with cryptocurrency, do not have any real security behind them and are not financial obligations of any legal or an individual to anyone. The free trial package provides general information about OneCoin and the Think and Grow Rich eBook. Training packages have 7 levels with prices ranging from 110 to 118,000 euros. Packages provide a number of " tokens

”, which can be used to “mine” onecoins. The volume of permissible transactions, including the level of compensation for attracting referrals, depends on the level of the training package purchased by the participant[7][10]. There was no direct sale of onecoins for fiduciary money, but they can be purchased from other participants on the internal exchange platform.

The company focused not only on Europeans. In the first half of 2016, more than 2/3 of revenues came from China (about 425 million euros). Germany and Great Britain provided approximately 30 million euros each, the USA - about 25 million euros, and Hong Kong provided several million[2]. Subsequently, the share of African and Asian countries with poor populations gradually increased[2].

Konstantin Ignatov was arrested on March 6, 2022

• Jeffrey S. Berman, United States Attorney for the Southern District of New York,
• Cyrus R. Vance, New York County Attorney,
• John R. Tafur, Special Agent,
• Internal Revenue Service and Criminal Investigation "IRS-CI"
• William F. Sweeney and Assistant Director of the New York FBI Office

announced that Konstantin Ignatov was arrested on March 6, 2019 at Los Angeles International Airport on charges of fraud conspiracy related to his role as the leader of an international pyramid scheme that involved marketing a fraudulent cryptocurrency called "OneCoin" .

As a result of the misrepresentations that IGNATOV, IGNATOVA and others have made about OneCoin, victims have invested billions of dollars worldwide in the fraudulent cryptocurrency. Following his arrest, Ignatov was arraigned in a magistrate court in the Central District of California and detained on this charge.

Criticism

The electronic publication “cointelegraph.com” considers OneCoin a scam and a financial pyramid[3]. A special investigation by the publication could not find independent confirmation of those regalia of Ruzha Ignatova, which are listed on the company’s official website. CoinTelegraph drew attention to the fact that information about the education and activities of Ruzha Ignatova before the creation of OneCoin is confirmed only by references to sources related to her[3].

The photo of the cover of the May 2015 issue of the Bulgarian edition of Forbes magazine, which contains an interview with Ruzha Ignatova, shown on the OneCoin website does not correspond to the photo of the cover of the same magazine on the official Forbes website. The magazine does have an article about Ruja Ignatova, which is a paid advertisement[3][2] and not an editorial interview.

When potential investors met in person with OneCoin officials, the answers to technical questions were not detailed and did not make sense when interpreted based on what is generally believed to be true for cryptocurrencies[3].

Managers talk about the price of OneCoin, but it cannot be verified by independent sources. For example, as of the end of May 2017, no independent exchange platform was trading in onecoins. According to the publication “cointelegraph.com”, the price indicated on the OneCoin website is a “self-quote”[3], not formed by an objective market.

The British newspaper Daily Mirror wrote that OneCoin/OneLife is a get-rich-quick scam, calling it “useless in practice.”[11] A similar opinion was expressed in a BBC investigative report, which noted the centralization of information processing only at the issuing company, which could arbitrarily change any data, since there was no blockchain, it was only imitated by a regular SQL database[2].

Ruzha Ignatova

Konstantin's sister - Ruja Ignatova (RUJA IGNATOVA) - founder and main leader of OneCoin, yesterday the name in her case was revealed, until this moment the case was anonymous to the public. There are still 4 of the same anonymous cases filed against the leaders; their names have not yet been disclosed. I think this is an indictment for wire fraud, securities fraud and money laundering. Ruzha has not yet been arrested; there has been no information about this.

Official decisions and regulations

The Hungarian National Bank issued a warning that OneCoin is a pyramid scheme[12].

On April 28, 2022, the Bank of Thailand issued a warning against OneCoin, stating that it is an illegal digital currency that should not be used in trading[13].

On July 12, 2022, the Austrian Financial Markets Authority released a statement according to which OneCoin does not have the right to carry out banking operations in Austria that require a license[14].

Statement from the Bulgarian Financial Supervision Commission

On September 30, 2015, the Bulgarian Financial Supervision Commission published a special message dedicated to OneCoin[15]. Potential investors are advised that the acquisition, trading and payment through OneCoin and other cryptocurrencies is not regulated by existing EU and national Bulgarian capital markets legislation. OneCoin, like other virtual currencies, is not recognized or treated as a financial instrument. Potential investors are advised that investing in cryptocurrencies poses a high risk. In the event of bankruptcy of the organizer, such investments are not subject to compensation from the Investor Compensation Fund. Following the warning, OneCoin ceased all operations in Bulgaria and began using non-Bulgarian banks to process payments from Bulgarian participants[16].

UK Financial Conduct Authority

In September 2016, the UK Financial Services Authority (FSA) stated that OneCoin Ltd does not engage in any activities that require licensing, but there are concerns about the potential risks the firm poses to UK consumers. The statement urged consumers who believe they have been defrauded to contact the London Police Fraud Squad, which is investigating.[17]

Decision of the Italian Competition Authority

The Italian Antimonopoly Authority (Italian: Autorità garante della concorrenza e del mercato) in December 2016 adopted a temporary ban on the activities of One Network Services Ltd. for the promotion and distribution of the OneCoin cryptocurrency, describing their activities as an “illegal pyramidal sales system” (“sistema di vendita piramidale vietato dalla legge”)[18]. On February 27, 2022, after completing the investigation, the regulator banned all activities with OneCoin until further notice[19].

Decision of the German Federal Financial Supervisory Authority

In February 2022, the German Federal Financial Supervisory Authority froze 29 million euros in bank accounts that were used for money laundering on the OneCoin network. In addition, IMS International Marketing Services GmbH was ordered to cease all unauthorized transactions related to OneCoin and return the most recent monetary transactions to its investors[20]. In April 2022, the regulator ordered OneCoin Ltd to cease all business in Germany[21] and banned onecoin trading[22].

State Revenue Committee of the Ministry of Finance of Kazakhstan

In April 2022, the State Revenue Committee of the Ministry of Finance of Kazakhstan commented on “the operating scheme of the OneCoin pseudo-cryptocurrency pyramid in Astana”[23]. In their opinion, “the OneCoin product is not actually a cryptocurrency, but is an analogue of electronic payment units widely used in online games; accordingly, all the information instilled in the company’s investors about the possibility of receiving excess profits is a criminal fabrication aimed at the illegal seizure of funds investors."

Belize Financial Services Commission Statement

On May 29, 2022, the International Financial Services Commission of Belize (IFSC) issued a warning that OneLife Network Ltd is trading without a license or authorization from the IFSC or any other authority. A proposal was sent to the company to stop the illegal trading business[24].

"Vietnamese license"

June 16, 2022 from the management of OneCoin Ltd. a statement was circulated that OneCoin is being licensed by the Vietnamese government and is becoming legal for use in Vietnam as a digital currency. On June 20, 2017, the Vietnamese Ministry of Planning and Investment issued a statement about the falsification of the document that OneCoin used as proof of legalization. The Ministry warned people and businesses to be vigilant if they came across this document[25].

Financial crime investigation

Manhattan US Attorney Geoffrey S. Berman said :

“These defendants created a multi-billion dollar cryptocurrency company based entirely on lies and deceit. They promised high profits and minimal risk, but the business was allegedly a pyramid scheme. Investors became victims and the defendants became rich. Our office has a history of successfully prosecuting, arresting and convicting financial fraudsters, and this case is no different."

New York County District Attorney Cyrus R. Vance said :

“As alleged in the indictment, these defendants executed an old-school Ponzi scheme on a new-school platform, jeopardizing the integrity of New York's financial system and defrauding investors of billions. Our Office strongly encourages all cryptocurrency investors to carefully research investment opportunities. “I thank U.S. Attorney Berman and the Economic Crimes Bureau for their global investigative work and for their shared commitment to protecting our markets from sophisticated white-collar fraudsters.”

IRS Special Agent in Charge John R. Tafur said :

“It's an old scam with a virtual twist. According to court documents, the OneCoin cryptocurrency was created for the sole purpose of defrauding investors. IGNATOV and IGNATOVA convinced victims to invest in OneCoin based on complete lies about the virtual currency. IRS Criminal Investigation is committed to investigating cryptocurrency scams to protect the American public and hold cryptocurrencies accountable.”

FBI Deputy Director in Chief William Sweeney said :

“As we contend, OneCoin was a cryptocurrency that existed only in the minds of its creators and their collaborators. Unlike authentic cryptocurrencies, which keep records of the transaction history of their investors, OneCoin has no real value.

It didn't offer investors any way to track their money, and it couldn't be used to buy anything. In fact, the only ones who could benefit from its existence were its founders and associates. Whether you are dealing in virtual currency or cash, we encourage the public to exercise due diligence in any investment."

IGNATOV

IGNATOV is currently the main leader of OneCoin Ltd., a company selling a purported cryptocurrency called "OneCoin", which an investigation has revealed is actually a fraudulent pyramid scheme.

OneCoin Ltd. was founded in 2014 by IGNATOVA and is based in Sofia, Bulgaria. IGNATOVA was the main leader of OneCoin until it disappeared from public view in October 2022.

Beginning in late 2022, IGNATOV, the younger brother of Ruža Ignatova, took senior positions at OneCoin, rising to the top management position by mid-2022.

OneCoin Ltd. operates as a multi-level marketing network through which members earn commissions for recruiting others to purchase cryptocurrency packages. This multi-level marketing structure appears to have contributed to the rapid growth of OneCoin's network of participants.

What was the profit?

Indeed, OneCoin Ltd. claims to have more than 3 million members worldwide, including victims living in the New York area.

OneCoin continues to operate to this day. As a result of misrepresentations by IGNATOV, IGNATOVA and other OneCoin representatives, victims around the world transferred investment funds to OneCoin-controlled bank accounts to purchase OneCoin packages. Reports obtained during the investigation show that between the fourth quarter of 2014 and the third quarter of 2016 alone, OneCoin Ltd. generated sales revenue of €3.353 billion and made a “profit” of €2.232 billion .

Onecoin cost

Other introductions include OneCoin Ltd. claims that the OneCoin cryptocurrency is "mined" using mining servers maintained and operated by the company, and that the value of OneCoin is based on market supply and demand.

The estimated value of OneCoin has risen steadily from €0.50 to approximately €29.95 per coin as of January 2019. In fact, the value of OneCoin is determined internally and not based on market supply and demand; and OneCoins are not mined using computer resources .

My sister wrote: run

Moreover, the investigation revealed that Ignatova and her co-founder conceived and created the OneCoin business with the full intention of using it to defraud investors. For example, in one email between IGNATOV and its co-founder, IGNATOVA outlined her thoughts on an “exit strategy” for OneCoin. Here is a version of one of the letters: IGNATOVA writes to his brother: “ Take the money and run , and blame someone for it.” It looks like my brother didn’t listen, or ran in the wrong direction...

Was there a OneCoin blockchain?

In addition, OneCoin Ltd. claims to have a private "blockchain" or digital ledger that identifies OneCoins and records transactions. The investigation revealed that OneCoin lacks a true blockchain , that is, a public and verifiable blockchain.

Moreover, by around March 2015, the Ignatovs began allocating coins to OneCoin members that were not even on the supposed private OneCoin blockchain, calling these coins “fake coins.”

As the founder and leader of OneCoin Ltd. IGNATOVA was involved in efforts to promote OneCoin to victim investors in the United States. For example, on July 4, 2015, IGNATOVA participated in an online webinar, later posted on YouTube.com, in which IGNATOVA announced the official opening of the OneCoin market in the United States.

Since taking over as leader of OneCoin following the disappearance of Ruja Ignatova from the public management of the company, IGNATOV himself has made false statements to OneCoin members in order to extort partners to purchase packages and invest in the company. For example, IGNATOV has repeatedly stated that OneCoin's "initial public offering" will occur on various dates in 2022 and 2022 to generate excitement and attract additional investment from new partners. However, the proposed proposal was repeatedly delayed and no such proposal was made.

Take the money, take it... I'll print it again

In addition, IGNATOV was personally involved in manually setting and increasing the estimated value of OneCoin in euros, which contradicts claims that value is determined by supply and demand.

Finally, the investigation revealed that IGNATOV was aware that funds derived from OneCoin were routed through a series of purported “investment fund” accounts used to conceal the origin of the money, i.e., to launder the proceeds of the OneCoin scam.

The casino probably didn’t accept vancoin)

Between February 27, 2022 and March 6, 2022, Ignatov traveled to the United States to conduct business related to OneCoin, including in Las Vegas, Nevada, where he stayed at a casino resort.

While in Las Vegas, Ignatov met with several OneCoin leaders. During the meeting, one of the first questions asked of him was when OneCoin participants would be able to monetize or “cash out” their OneCoins . Ignatov reportedly responded : "If you're here to cash out, leave this room now because you don't understand what this project is about."

Indictment

Ignatova, and others agreed to launder the proceeds of the OneCoin fraud scheme. Specifically, IGNATOVA, SCOTT, and others agreed with others to conduct transactions related to OneCoin's fraudulent proceeds in order to conceal the nature, location, source, ownership, and control of the proceeds.

Scott, a former partner at a major US law firm, assisted Ruja Ignatova and others in laundering more than $400 million through a number of purported investment funds with bank accounts at financial institutions in the Cayman Islands and the Republic of Ireland, among other locations.

The indictment charging Scott was previously unsealed and Scott was arrested in Barnstable, Massachusetts on September 5, 2022 . Scott's case is currently pending before U.S. District Judge Edgardo Ramos.

Ignatova, 38, of Sofia, Bulgaria, is charged with wire fraud, conspiracy to commit fraud, securities fraud and conspiracy to commit money laundering, each of which carries a maximum penalty of 20 years in prison.

. Ruzha Ignatova is now free, that is, she has not yet been arrested.

Ignatov, 33, of Sofia, Bulgaria, Complaint is charged with one count of conspiracy to commit wire fraud, which carries a maximum sentence of 20 years in prison.

Scott, 50, of Coral Gables, Florida, is charged with conspiracy to commit money laundering, which carries a maximum penalty of 20 years in prison.

This case is being prosecuted by the Office's Complex Fraud and Cybercrime Team and Securities and Commodities Fraud Task Force. Assistant United States Attorneys Christopher J. Dimas and Nicholas Folley and Special Assistant United States Attorney Julieta V. Lozano of the New York County District Attorney's Office are in charge of the prosecution.

The charges contained in the Charges and Complaints are merely accusations and defendants are presumed innocent until proven guilty . If you believe you may have been a victim in this case or have additional information, please contact the United States Attorney's Office.

Video Konstantin Ignatov arrested at Los Angeles airport

The article was created based on materials from the official website of US Justice: Manhattan US Attorney Announces Charges Against Leaders Of “OneCoin,” A Multibillion-Dollar Pyramid Scheme Involving The Sale Of A Fraudulent Cryptocurrency.

My comment : the flight to Europe takes several hours, not days, today is already March 11 (the arrest was on March 6), and we haven’t heard anything from him. Konstantin Ignatov does not call only because his phone is taken away when he is arrested. He is given one call, and he will most likely call lawyers, not vancoin leaders.

The fact that vancoin supporters write “fake” is understandable, but a new word has appeared “spiteful critics”))) Since it is often found, I think that vancoin leaders gave it away in the manuals. If we talk about my situation, I lost several thousand dollars in this pyramid, so I’m glad that the thieves will be punished.

Here is another video: Is the news about the arrest of Kostya Ignatov fake?

Login to your onelife account is not working , I tried it several times today; Perhaps the freezing of vancoin resources will be faster than I thought.

Updated 12-03-2019

There is an entrance to the vancoin account (March 12, 2019) , perhaps the server was shut down yesterday due to mass logins, but this is a technical problem. And newdealshaker is also working today.

Updated 13-03-2019

Konstantin Ignatov never appeared in public , which is quite predictable. To do this, he does not need to “fly to Europe”; it is enough to record a short video on any phone that he is fine, walking free, and the information about his arrest is fake; but you can’t record this from a prison cell...

In chats they write about the official response of the OneCoin company regarding the arrest, but I have not seen any records either in my office or on official social media pages.

read text
OneCoin Official Statement Regarding Publications Regarding the Arrest of Konstantin Ignatov in the United States OneCoin and its affiliates would like to address recent media reports regarding the arrest of Konstantin Ignatov in the United States of America. We can confirm that Mr. Ignatov is currently located in the United States. Based on information that has been released by US authorities, we understand that they are investigating allegations of conspiracy to commit fraud. Mr. Ignatov has not been formally charged with a crime and is entitled to the presumption of innocence. If he is charged, he will have the opportunity to fight the case in a US court. Transparency is one of OneCoin's core values ​​and we stand firmly behind this belief. We have always stated our willingness to be open with regulators and the media, and we ask for the same courtesy. We therefore urge the press to refrain from speculation or judgment about the US investigation until further information is available.

For example, Facebook: the last entry was in February, on Twitter July 2022 (in short, no one is engaged in these pages) ...

But the vancoin community is indignant, they are rude to the bloggers who gave them information about the arrest. The author of this video said it correctly: those who do not know English, translate this text through a translator; that you will be rude to Google Translator too? Here is a video with an optimistic title: OneCoin – They will sort it out and Ignatov will be released!

Here’s another post from our VanCoin Skype chat:

read the text

As we study the documents published by the American Themis, all sorts of interesting details become clear. In particular, the investigation against Vancoin has been ongoing for several years, and the first official charges against Ruzha (in closed session) were submitted to the Grand Jury and then approved back in October 2017. Do you notice the coincidence? It was then that our brilliant “suddenly” completely evaporated. Probably, rumors about official charges somehow reached her even then and she decided to prudently take her leave. Then she flew on a plane from Bulgaria to Greece, and then her traces were lost. The second set of charges against Ruzsa was approved by the Grand Jury in February of this year. I know firsthand what Grand Jury is, several years ago I participated in meetings and also decided who to blame for what and who to pardon. This, guys, is quite serious. If there were doubts about the grounds for the charges, then the assessors could reject certain charges and even the entire case. And since this was not done, then Ruzha and her drinking companions were in very serious trouble.

Updated 14-03-2019

Konstantin Ignatov never appeared in public ; we can already say with great confidence that he has been arrested and is in custody. The entrances to the vancoin and dilshaker offices are working. But what's the point?

Updated 03/18/2019

The arrest is not fake, but vancoin scam is fake . Konstantin Ignatov did not appear in public . Few people argue with this fact, but some write that the arrest is not a fake, but a vancoin scam is a fake; I think they just didn’t read the news on the US Justice website, or they just don’t want to believe it.

What is onelife's reaction? There is no reaction... The official Facebook page and other onelife communication options do not react in any way to the news about the arrest of the vancoin leader. The chats and comments have died down, there is no news of any kind.

Why then does everything work? There is an entrance to the onecoin and dilshaker office. I think you understand that blocking servers is possible ONLY by a court decision, which has not yet been made; Also, the Ignatovs cannot be called swindlers - there is a presumption of innocence. We are waiting for the court's decision .

Updated 04/15/2019

Official statement from OneCoin regarding publications regarding the arrest of Mr. Konstantin Ignatov in the United States

read the text

OneCoin and its affiliates would like to address recent media reports regarding the arrest of Konstantin Ignatov in the United States of America. We can confirm that Mr. Ignatov is currently located in the United States. Based on information that has been released by US authorities, we understand that they are investigating allegations of conspiracy to commit wire fraud.

Mr. Ignatov has not been formally charged with a crime and is entitled to the presumption of innocence. If he is charged, he will have the opportunity to fight the case in a US court. Transparency is one of OneCoin's core values ​​and we strongly support this belief. We have always stated our willingness to be open with regulators and the media and ask for the same courtesy.

We therefore urge the press to refrain from speculation or judgment about the US investigation until more information becomes available.

OneCoin press service

Notes

1. https://behindmlm.com/mlm-reviews/onecoin-review-100-5000-eur-ponzi-point-cryptocurrency/
2. ↑ 1 2 3 4 5 6 7 8
   Cryptoqueen: How this woman was scammed the world, then vanished
   (unspecified)
   .
   BBC
   (24 November 2019). Date accessed: November 26, 2022.
3. ↑ 1 2 3 4 5 6 William Suberg.
   One Coin, Much Scam: OneCoin Exposed as Global MLM Ponzi Scheme (English) (May 27, 2015). Retrieved November 26, 2022. Archived December 27, 2015.
4. William Suberg.
   Fool Me Once…Top 5 Bitcoin-Related Scams for 2015 (English).
   CoinTelegraph
   (October 30, 2015). Date accessed: November 26, 2022.
5. Morris, David Z.
   The Rise of Cryptocurrency Ponzi Schemes
   (unspecified)
   . The Atlantic (May 31, 2017). Date accessed: June 5, 2022.
6. Survey: Malaysians Warm Up to Cryptocurrencies, (undefined)
   .
   nasdaq
   . Date accessed: June 5, 2022.
7. ↑ 1 2
   OneCoin Review: 100-5000 EUR Ponzi point “cryptocurrency” (English).
   behindmlm.com
   (September 23, 2014). Date accessed: November 26, 2022.
8. cointelepgraph.com.
   OneCoin exposed as global MLM Ponzi scheme
   (unspecified)
   (May 27, 2015).
9. indian police label 12 million onecoin operation a clear ponzi scheme, The Indian Express (July 10, 2017). Retrieved July 10, 2017.
10. YLE.
    Finns investing millions in new virtual currency;
    police keeping tabs on case (unspecified)
    (March 14, 2016). Archived March 15, 2016.
11. Who wants to be a OneCoin millionaire? YOU don't — here's why hyped-up web currency is virtually worthless (undefined)
    . Archived from the original on February 12, 2016.
12. Fokozott kockázatot hordoznak a világhálón elérhető virtuális fizetőeszközök (in Hungarian) (undefined)
    .
    mnb.hu.
    _ Access date: December 22, 2016.
13. Bangkok Post.
    BoT warns public about OneCoin currency
    (undefined)
    (April 28, 2017).
14. OneCoin Ltd. Investor Warning
15. COMMUNICATION – OneCoin // Commission for Financial Supervision 09/30/2015 (Bulgarian)
16. OneCoin lose last bank account, unable to accept wires (unspecified)
    .
    behindmlm.com
    . Date accessed: November 26, 2022.
17. London Police Investigate OneCoin Cryptocurrency Scheme
18. PS10550 - Vendite piramidali: sospesa in via cautelare la promozione della criptomoneta OneCoin (undefined)
    (inaccessible link).
    agcm.it.
    _ Date accessed: September 9, 2022. Archived December 31, 2016.
19. PS10550 - Vendite piramidali: Antitrust sospende la promozione della criptomoneta OneCoin da parte di One Life (undefined)
    (inaccessible link).
    agcm.it.
    _ Date accessed: March 12, 2022. Archived May 8, 2017.
20. bafin.de.
    IMS International Marketing Services GmbH: account freezing and winding-down of unauthorized money remittance business
    (unspecified)
    (April 10, 2017).
21. bafin.de.
    OneCoin Ltd, Dubai: Prohibition of involvement in unauthorized money remittance business
    (unspecified)
    (April 18, 2017).
22. BaFin.
    OneCoin Ltd (Dubai), OneLife Network Ltd (Belize) und One Network Services Ltd (Sofia/Bulgaria): BaFin issues cease and desist orders holding the companies to stop own funds trading in “OneCoins” in Germany
    (unspecified)
    (April 27 2017).
23. The scheme of operation of the pseudo-cryptocurrency pyramid was explained in the State Revenue Committee
24. IFSC.
    One Life Network Limited
    (unspecified)
    (unavailable link) (29 May 2017). Archived from the original on September 8, 2017.
25. Behind MLM.
    OneCoin Vietnamese regulatory document forged, govt says
    (unspecified)
    (June 20, 2017).