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OneCoin’s nonsensical response to Italian pyramid scheme fine

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When Italy’s Antitrust and Consumer Protection Authority (AGCM) banned promotion of OneCoin last year, OneCoin responded with pseudo-compliance nonsense. Not surprisingly, the AGCM took no notice and pressed ahead with their investigation. Eventually declaring OneCoin to be a “deceitful Ponzi scheme”, banning the company outright and last week, slapping it with a €2.5 million euro fine. [Continue reading…]

Source: OneCoin’s nonsensical response to Italian pyramid scheme fine

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