2 charged in unprecedented multi-level marketing case involving cryptocurrency

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SINGAPORE: Two men were charged in court on Wednesday (Apr 10) for promoting a multi-level marketing scheme involving purported cryptocurrency ...

SINGAPORE: Two men were charged in court on Wednesday for promoting a multi-level marketing scheme involving purported cryptocurrency OneCoin.

Singapore residents had participated in the scheme by buying online educational courses bundled with promotional tokens. They were accused of swindling investors coveting big returns and low risk, in a scheme conceived as a fraud.

 

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