According to a recent announcement, the central bank of Hungary, Magyar Nemzeti Bank (MNB), has formed a market surveillance working group against the Onecoin organization. The MNB says they are working with various police departments, tax authorities and the prosecutor’s offices against Onecoin’s “abuse of money and capital markets.”
The Hungarian central bank’s latest announcement is not a good sign for the Onecoin organization. The MNB states that Onecoin is an alleged pyramid scheme that promises high returns when members purchase the in-house tokens and recruit others to join. The bank says it has found no real value and its claims to being a cryptocurrency is “unobservable.”
Read More Here >>> https://news.bitcoin.com/hungarys-centr ... veillance/
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