Is OneCoin legit or scam? A crypto currency scam Review

It was the brain child of Dr. Ruja Ignatova. She holds a degree from the University of Oxford. Her resume states that she was CEO of Bulgarian private investment firm CSIF.

Dr. Ruja Ignatova

OneCoin has its roots from Bulgaria. Their website claims that 856,740,000 coined mined. It is a pyramid scheme having no legit evidence.
They use cloudmining service to make people invest in their coin.

Its directors, Sebastian Greenwood and Nigel Allan as per cointelegraph were involved in scam operations in the past

Sebastian Greenwood
They have various packages to offer once a member joins, these are as below,
Starter 1000 tokens
Trader 5000 tokens
Pro Trader 10,000 tokens
Executive Trader 30,000 tokens
Tycoon Trader 60,000 tokens

Nigel Allan ( Previously operated a ponzy scheme Teamcrypto888)
Onecoin has a secret trading exchange platform, which means you cannot sell the coins in any other exchange. OneCoin has no external funding source, which means business comes as one member brings the other. Once the new members stop coming in, they will vanish in seconds.

Company Name : Onecoin| Title : Revshare-Hype-Internet marketing|Date : September 25,2016

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