The Bank of Hungary has send a warning against Crypto Currency like Bitcoin and OneCoin.
I have reached out to co-founder and CEO of OneCoin Dr. Ruja Ignatova who stated:
” The Central bank draws attention that OneCoin – like Bitcoin is an investment with risks. As we all know high return potential and high risk go hand in hand, and for sure cryptocurrency or having your money in stocks is riskier than parking your money on a traditional savings account, which earns less than 0.5% interest p.a. We have seen Bitcoin show volatility and reach heights between 200 and 1200 USD.
The article below however does not say that OneCoin or Bitcoin are a pyramid scheme, but that early joiner make more money that late adapter.
OneCoin shows the same development and profit pattern