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Belgian Watchdog Issues Warning Against OneCoin

Avi Mizrahi | News (CryptoCurrency) | Sunday, 10/07/2016|12:50 GMT

Online reports refer to OneCoin as a multi-level marketing (MLM) scam. Belgium’s Financial Services and Markets Authority (FSMA) has issued a warning to the public that neither OneCoin nor the persons promoting OneCoin have been recognized or authorized by the regulator. The FSMA says that certain people have recently been promoting the cryptocurrency in Belgium.

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