Onecoin : example of cryptocurrency scam

[depaul]

Hi. Old news but just a a word of advice about cryptocurrency scammers.

https://www.bbc.com/news/stories-50435014

"Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded them to invest billions. Then, two years ago, she disappeared. Jamie Bartlett spent months investigating how she did it for the Missing Cryptoqueen podcast, and trying to figure out where she's hiding."

Onecoin, described by The Times as "one of the biggest scams in history".

 

[HellaJvke]

very intriguing

 

[Jayro]

Smart lady. Hopefully dhe changed her identity and gets to live a free lifestyle as she sees fit.

 

[archrivals1989]

This is just like TF2 tokens lol

 

[depaul]

And Bitconnect scam.
Really one should be careful since media only talks about "the kid who made 1 million $ from 60$"... And not millions of people who lost 90% of their investment on crypto.

 

[Gamemaster1379]

And Bitconnect scam.
Really one should be careful since media only talks about "the kid who made 1 million $ from 60$"... And not millions of people who lost 90% of their investment on crypto.

To be fair, the people often losing crypto in fashions like this aren't even doing the legitimate methods. It would be more in interest to have proper methods to teach those who want to learn the right ways.

I haven't read too much into this, but if I remember right, she was having people send her money, and not purchasing on an actual blockchain.