Why did OneCoin fail?

$4B Ponzi Scheme OneCoin and ‘CryptoQueen’ Leader Found in Default in US Lawsuit. Ruja Ignatova, the self-appointed “CryptoQueen,” and the firm OneCoin that she founded have been found in default after failing to respond to a case over the alleged $4 billion scam cryptocurrency project .

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Can I sell OneCoin?

The OneCoin leadership can create them at will at 0 cost. It’s basically changing one cell value in an Excel sheet. As to what it’s worth, it has no value since you can’t sell them to anyone else . So the answer here -again- is zero.

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Is OneCoin closed?

On 15 March 2016, the market opened again but no visible changes had been made; most of the transactions expired as before and daily limits stayed on. The exchange was shut down without notice in January 2017 , though individuals affiliated with the scheme continue to accept funds.

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