Though the Ponzi aspect of OneCoin collapsed in 2017, the MLM recruitment aspect continues to today.
And it’s not simply straightforward pickings in third world nations both.
As per an replace from “OneCoin Scandinavia” final week, OneCoin is pivoting to journey reductions and foreign exchange fraud.
OneCoin Scandinavia is a personal FaceBook group headed up by profession scammer Stefan Sjodin.
Sjodin, a resident of Sweden, claims to have been in OneCoin since September 2014. This locations him near the launch of the $4 billion Ponzi scheme.
Previous to OneCoin
With the Ponzi aspect of OneCoin come and gone, its founder a fugitive who hasn’t been seen for 5 years and anybody not sheltered by Bulgarian authorities both a fugitive on the run, wished or in hiding, lately Sjodin is left managing what’s left;
A big group of disgruntled traders he’s scammed.
To that finish Sjodin continues to string his victims alongside on OneCoin Scandinavia.
Right here’s the most recent as per an replace from Sjodin final week:
Upcoming information!
The restart from the outdated system with cut up began on October 1st.
Inside two months, ONE Voyage will open up! A journey membership that may herald all your mates, household and acquaintances to ONE Ecosystem.
Provide an unique membership to everybody within the ONE Ecosystem!
We will use our ONE 50% to pay for a subscription of 1 month, 3 months, 6 months or 1 12 months membership within the journey membership.
50% ONE 50% Fiat. Will even get a reduction on the primary month in keeping with info.
We then get entry to the next:
-As much as 90% low cost on Resort Nights all over the world at 2.5 million Inns
-As much as 80% low cost on Resorts and Villa leases.
-As much as 40% low cost on flights.
-Reductions on Automotive Leases and Cruises
-Reductions on experiences and pleasures all over the world
The 12-month subscription additionally contains full acceptance within the firm Precedence go with all their advantages!
In case you journey every year, purchase a one-month subscription that rapidly lowers the price of you or your loved ones’s journey.
In case you journey continuously or for work, you in all probability have already got reductions on e.g. flight, however examine what’s included and what you get within the 12-month subscription that ONE Ecosystem has.
The place you pay the subscription 50% along with your ONE!
In February, ONE Vita will open up for us!
A Pores and skin Care Anti Age idea with high-class and managed merchandise! Which we can purchase with 50% ONE and 50% Euro!! All at fully market costs!
Additionally, in February, ONE Foreign exchange will lastly open up. Our CEO in ONE Ecosystem has been within the Foreign exchange trade since 2014 earlier than changing into CEO with us.
Throughout the check interval there have been 80% profitable Trades.
NO prior data is required, however we get “alerts” what to place in for orders each day as a way to make a long-term revenue.
When you have beforehand misplaced cash on Foreign currency trading or Crypto Buying and selling, that point is over!
Clearly no requirement to comply with the buying and selling alerts for anybody who desires to drive on their very own.
We pay the Subscription with 50% ONE!
Who desires to overlook this.
Regularly, increasingly more alternatives shall be added to the ONE Ecosystem, which continually creates added worth and extra use of our ONE.
Nonetheless heaps of people that don’t have a clue about what’s occurring within the monetary world or don’t know what alternatives we will supply.
Additionally everybody who works with different MLM corporations, or is considering getting further earnings.
Our idea is the very best and best technique to find out about e.g. cryptocurrency and its use. Absolutely the proper technique to find out about how the longer term will look and work.
Stefan Sjödin
ONE Voyage is a straightforward grift. Cost for entry to a white labelled journey low cost platform, and let OneCoin traders burn their nugatory ONE tokens as a month-to-month membership charge. However solely half of mentioned charge.
However solely half the charge as a result of the opposite 50% precise cash element is the true price of the membership.
Precise journey in fact won’t be purchasable with ONE tokens.
ONE Vita is similar grift however with skincare.
- purchase (or dropship) white labeled private care merchandise
- cowl prices with a 50% necessary euro cost
- let traders burn an imaginary 50% price in ONE tokens
ONE Foreign exchange has been round as a shell firm since not less than 2018.
The unnamed present OneCoin CEO is Ventsislav Zlatkov.
Zlatkov, believed to be a Bulgarian nationwide, was trotted out by OneCoin’s Sofia HQ again in January.
BehindMLM readers have dug into Zlatkov’s previous and revealed he owns two failed corporations that owe tens of millions in taxes. However apparently he’s a foreign exchange man now and um, please cease asking questions.
Sadly for Stefan Sjodin, members of OneCoin Scandinavia did simply that.
A member of the group informs me;
The submit was rapidly commented on by indignant members, claiming that is one other try to steal their cash.
The backlash prompted Sjodin to rapidly concern a comply with up submit, doubling down on the rip-off and threatening to take away anybody complaining about their loss.
ONE Ecosystem has a Fee Forex.
ONE Ecosystem is registered in Switzerland.
ONE Ecosystem has new administration.
Don’t examine ONE Ecosystem’s Cryptocurrency ONE with Bitcoin and different Buying and selling currencies.
80% have made losses on buying and selling with Crypto with final 5-6 years.
Buying and selling currencies won’t ever be Fee currencies are established.
Bitcoin was to turn into a Fee Forex outdoors Banks and the World Monetary World when it was created in 2008. (Learn Bitcoin’s Whitepaper).
In the present day, Bitcoin and different main Cryptocurrencies are a part of the World Monetary System.
Stablecoins, alternatively, can turn into cost currencies, e.g. USDC which is linked to the FED (United States Central Financial institution). Is, in fact, a part of the monetary system.
Extra Crypto than USDC is linked to the corporate Circle which develops a number of Stablecoins, together with Euro Coin. Bitcoin is on their agenda, however it’s far-fetched that they are going to be capable to absorb Bitcoin.
In fact, to have the ability to dismiss Bitcoin from the market. Circle is regulated by the US Treasury Division!!
Do you prefer these Cryptos which can be linked to the FED and on the identical time assume that at present’s Financial System (Fee System) which is over 100 years outdated ought to live on in the identical approach, you don’t want to be a part of this group anymore, however proceed to commerce with Cryptocurrency and be proud of it.
In case you assume it’s good to have a functioning Reserve foreign money as a way of cost outdoors the monetary system, particularly when dangerous occasions come, reap the benefits of what ONE Ecosystem has.
WEB 3.0 is the following step within the Web. WEB 3 is Blockchain that shall be utilized in all doable kinds.
That’s the place Stablecoins and Tokenization as cost come into the image. Nevertheless, Stablecoins on Decentralized Blockchains are weak.
So at present it’s largely about already current corporations with an already giant buyer base making Tokenization of their idea, e.g. Amazon can do it to take the largest firm, means that you may e.g. can partially pay merchandise with Fiat foreign money and Tokens obtained via an Affiliate system and/or being a loyal buyer. Startups can by no means succeed with Tokenization, can not begin from scratch with out members or clientele.
When you have adopted the information about ONE Ecosystem, you recognize in regards to the progress at present all over the world, the shopper base is there, a number of new ideas shall be added to the entire to create added worth at ONE. Rising steadily.
ONE Ecosystems Blockchain shall be opened to public view in February subsequent 12 months, out there as ERC-20 Token on the Ethereum community, if you’re accustomed to it. However won’t ever turn into a Buying and selling foreign money!
In fact it might be doable to promote ONE. However shall be determined when the time is true to have the ability to do it. Can take one, three or 5 years.
No person is aware of. Nevertheless, you’ll be able to reap the benefits of the vary out there and use the values you may have.
The large benefit is that ONE Ecosystem has a Stablecoin on a Centralized Blockchain managed by the corporate! When an Change is opened, giant unfavourable transactions could be stopped from manipulating the worth of ONE!
We’re nonetheless a cost foreign money similar to at first in 2014 when Bitcoin was additionally seen as an upcoming cost foreign money. You understand how it went.
Due to us having a personal Ecosystem outdoors the worldwide Monetary System and Banks, the worth is just not affected or could be manipulated.
For the final time: NOBODY has misplaced their cash! Everybody has their values left that you just as soon as acquired, in all probability the next worth at present.
Arrested and lacking individuals don’t stay or have something to do with the brand new firm! The media loves to write down massive headlines particularly in Sweden as a result of a Swedish individual is in custody.
He was already out of the corporate earlier than the arrest.
When you have acquired distorted info out of your sponsor, he/she has in all probability acquired incorrect info from his/her sponsor, and many others.
In 2016, we all know that the corporate said that once we attain 10 million members and 1 million Retailers on Dealshaker, it is going to be related to have the ability to open an Change!!
We aren’t there at present. We’re a Community firm, which signifies that all of us Impartial Distributors should be helped to get there.
Not the corporate that does the work… They offer us the situations!
Anybody who lately has written about arrests, podcasts, documentaries, wished paperwork, nagging that it’s not doable to modify and a number of unfavourable statements taken out of skinny air, both on account of ignorance or simply desirous to be purely manipulative shall be faraway from this group!
You understand who you’re! If you wish to stay within the group and obtain information sooner or later with out unfavourable feedback, you’ll be able to write to me on PM or right here within the group.
These of you who don’t hear from you may be faraway from the group tomorrow Thursday!
I considered breaking down the various layers of gaslighting bullshit Sjodin got here up with – however determined in the long run it was higher to learn it as Sjodin’s victims did.
We’ll ignore the simple bait, that “cryptocurrencies are a part of the worldwide monetary system”, and begin with;
Stablecoins, alternatively, can turn into cost currencies, e.g. USDC which is linked to the FED (United States Central Financial institution).
Circle is regulated by the US Treasury Division!!
Stablecoins aren’t any completely different to some other cryptocurrency. As an alternative of a manipulated public buying and selling worth although, these monopoly cash tokens have an artificially pegged “steady” worth.
The issue with stablecoins is that they’re solely steady as for so long as the Ponzi scheme behind every of them runs. TerraUSD is a latest instance of a stablecoin Ponzi imploding.
USDC is one other stablecoin “yield” Ponzi run by Circle. Circle is run by crypto bros. It has nothing to do with “the FED” or the US Treasury Division.
In reality Circle is at present below SEC investigation, the result of which stays pending (for the crypto bros excessive on copium: the result of an SEC investigation into an organization committing funding fraud is rarely good for mentioned firm).
Transferring on, Sjodin then bangs on about WEB3. OneCoin has nothing to do with WEB3 so we’ll simply ignore this whole part (WEB3 isn’t really a factor outdoors of crypto bro lore).
As to opening OneCoin’s blockchain as much as the general public as an ERC-20 shit token, I’m undecided what that’s imagined to signify.
The explanation OneCoin by no means allowed public buying and selling is as a result of it’s assured to have a $0 worth inside seconds of launching ($4 billion in tokens bagholders are determined to promote to non-existent consumers).
The one different primary posts Sjodin brings up are largely advertising and marketing cliches and excuses;
- OneCoin goes to be the following bitcoin
- no person misplaced their cash (they completely did)
- that the interior made up worth of ONE tokens issues
- that Sebastian Greenwood was “out of OneCoin” on the time of his arrest (he wasn’t, and even when he cashed out and exit-scammed – that’s not how the legislation works)
- OneCoin at present is a “new firm” (that’s run by the identical group of organized crime figures from Bulgaria)
- anybody mentioning these information to Sjodin has “incorrect info”
Sjodin has been booting victims who calls him out on his OneCoin scamming since not less than 2015.
Contemplating Sjodin has been in OneCoin since 2014 as an early investor, until he’s a horrible scammer, its an affordable assumption he profited handsomely via the Ponzi scheme.
Whether or not Sjodin is simply too small a fish for Swedish authorities to hassle with or, like most of Europe, they’re incompetent in terms of MLM associated securities fraud, stays unclear.
What I do know is, be it One Voyage, One Vita, One Foreign exchange or some other nonsense OneCoin scammers provide you with – your cash is gone.
The earlier OneCoin traders understand this and cease selling this rubbish to new victims, the earlier OneCoin dies.
Having deserted its unique OneCoin and OneLife web sites, at present OneCoin is promoted as “One Ecosystem” from “oneecosystem.eu”.
SimilarWeb tracks visits to the web site as rising over the previous few months, up 197,000 visits in September from 153,000 in July.
Prime sources of visitors to OneCoin’s web site are Bulgaria (12%), South Korea (12%), India (11%) and Colombia (8%, largest progress month on month at 449.9%).
For his or her half it’s usually accepted that Bulgarian authorities are sheltering what’s left of the felony group behind OneCoin.
Bulgarian authorities have constantly did not take any motion in opposition to OneCoin since its 2014 launch.