Final week OneCoin revealed they might be accepting tether by means of CoinPayments.
Two days later the cost processor introduced it had dumped the Ponzi scheme.
As reported by BehindMLM reader WhistleBlowerFin on June twenty second;
OneCoin has added a brand new function to their OneEcosystem Portal which permits members to “high up” their OneLife Euro money pockets by utilizing actual cryptocurrency through cost gateway referred to as CoinPayments (registered to Cayman Islands).
That is wanted not just for paying new MLM packaged but in addition for his or her new CashSafe curiosity function, and since Dealshaker has now 1.25% Euro payment with all offers.
A while in the past OneCoin launched a brand new service referred to as CashSafe which offers “assured” Euro curiosity as much as 2% per thirty days for Euro financial savings. All with none licenses in fact.
A June twenty fourth YouTube video options OneCoin promoter “Sa”, explaining funding into the Ponzi scheme through CoinPayments (click on to enlarge):
Two days later, CoinPayments confirmed on Twitter they have been “not work(ing) with OneCoin anymore.”
Giving CoinPayments the good thing about the doubt, I’d assume OneCoin signed up as a service provider through a number of shell corporations.
If that’s the case, truthful sufficient. CoinPayments isn’t alone just isn’t realizing until it’s identified to them (or they get suspicious of fraud going down).
If CoinPayments knowingly took on OneCoin as a service provider, even when it solely lasted two days, they could wish to strengthen their inside vetting processes.
What occurs to any tether OneCoin traders dumped into the Ponzi by means of CoinPayments between June twenty fourth and twenty sixth is unclear.