Fee processor CoinPayments remains to be offering monetary providers to the $4 billion OneCoin Ponzi scheme.
This follows a categorical denial from CoinPayments in June 2022.
In an try to distance themselves from notoriety, OneCoin created OneEcosystem in 2021.
On April twelfth, 2023, OneEcosystem uploaded a video titled “HOW TO TOP UP YOUR DIGITAL CASH WALLET” to their official YouTube channel.
The video presents other ways associates can make investments cash into OneCoin. At [1:03] into the video, numerous deposit possibility in euro are offered, with CoinPayments showing as OneCoin’s fee processor.
Final yr OneCoin featured CoinPayments in its advertising and marketing materials. This was shared by BehindMLM reader WhistleBlowerFin on June twenty fourth.
OneCoin has added a brand new characteristic to their OneEcosystem Portal which permits members to “high up” their OneLife Euro money pockets by utilizing actual cryptocurrency by way of fee gateway known as CoinPayments (registered to Cayman Islands).
Inside 48 hours of that data showing on BehindMLM, CoinPayments issued a press release on Twitter denying involvement with Onecoin.
Seems that was a lie, with CoinPayments persevering with to supply OneCoin with monetary providers all alongside.
OneCoin founder Ruja Ignatova sits on the FBI’s high 10 most needed checklist.
A number of OneCoin executives have been indicted within the US. The OneCoin prison instances are in numerous phases, with some defendants awaiting sentencing and others but to be convicted.
Regardless of the dismantling of OneCoin’s public government group by US authorities, OneCoin continues to function out of Bulgaria.
The Ponzi scheme is run by puppet CEO Ventsislav Zlatkov, who’s believed to work for organized crime pursuits tied to Bulgarian officers.
CoinPayments is a crypto fee processor that operates beneath UAB Star Ventures, a shell firm integrated in Lithuania.
CoinPayments is owned and operated by Alex Alexandrov and Jason Butcher.
Alexandrov is initially from Ukraine however moved to Canada at a younger age. Alexandrov relocated to the infamous crime capital Dubai just a few years in the past.
Butcher, believed to be a Canadian nationwide, is hiding out within the Cayman Islands.
Many of the OneCoin arrests pertain to cash laundering, along with different prison prices.
CoinPayments has a historical past of aiding fraudulent MLM schemes with laundering cash.
Whether or not US authorities will go after CoinPayments for aiding and persevering with to help OneCoin with cash laundering stays to be seen.