[ad_1]
OneCoin’s co-founders, (*4*) nationwide Ruja Ignatova and joint U.Ok. and Swedish citizen Karl Greenwood, promoted the fictional cryptocurrency – which by no means existed on any blockchain – by way of a form of multi-level advertising scheme, paying preliminary buyers to convey in extra buyers. By the time OneCoin was revealed to be a rip-off, an estimated 3.5 million folks had fallen sufferer.
[ad_2]
