The Central Financial institution of Oman has issued a securities fraud warning towards DagCoin.
As per the Central Financial institution’s October sixth warning;
Cenral Financial institution of Oman is as soon as once more cautioning residents and residents from the use, holding and buying and selling of cryptocurrencies (resembling Dagcoin), and the potential monetary, operational, authorized, buyer safety and safety associated dangers which are related to such schemes.
The Central Financial institution of Oman advises that it has not given any license/authorization to any entity to function such schemes or cope with cryptocurrency or any related digital currencies.
That is the equal of a securities fraud warning in different jurisdictions.
DagCoin is a OneCoin Ponzi spinoff created by former European OneCoin promoter Nils Grossberg.
Mimicking the arrange of OneCoin and OneLife, DagCoin is marketed by way of “Success Manufacturing unit“.
Additionally like OneCoin, DagCoin is just not registered to supply securities anyplace on the planet and solicits funding illegally.
Subsequent month Ted Nuyten’s BusinessForHome is working a “progress convention”.
Igor Alberts and Andreea Cimbala, prime net-winners in each DagCoin and OneCoin, are scheduled to have a good time their notoriety on the occasion with different audio system.
In keeping with BusinessForHome’s unverified rankings, Alberts and Cimbala are presently stealing $2.8 million a month by way of DagCoin.
As per his LinkedIn profile, Nils Grossberg relies out of Estonia. Alberts and Cimbala reside within the Netherlands.
Up to now authorities in both nation have didn’t take any motion towards them for both OneCoin or DagCoin.
Alexa visitors estimates reveal DagCoin is presently being promoted in Iran, Jordan and Palestine. The highest sources of visitors to Success Manufacturing unit’s web site are Russia (24%), Egypt (16%) and the UAE (14%).
Oman borders the UAE. The Central Financial institution’s warning is probably going the results of the Ponzi scheme spilling over the border.