Another Central Bank in Africa is Warning About Onecoin

Uganda’s central bank is warning local residents about Onecoin, a digital currency scheme widely accused of being a scam. The Bank of Uganda published an advisory earlier today which called for consumers to be mindful of the risks of investing in digital currencies. Specifically, the notice highlights the creation of a company called “One Coin Digital Money” […]

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Crypto Ponzi OneCoin May Have Used Flood of Fake Reviews to Boost Ailing Image

The OneCoin cryptocurrency project – accused by authorities of being a Ponzi scheme – attempted to boost its fortunes by using “inauthentic” accounts to place favorable reviews on TrustPilot and Quora, according to new research. The Digital Forensic Research Lab (DFRLab), an entity under U.S. think-tank the AtlanticCouncil, said in a report on its blog […]

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