RATE Group | Death threats for cryptocurrency ‘scam’ whistleblower
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Death threats for cryptocurrency ‘scam’ whistleblower

14 Oct Death threats for cryptocurrency ‘scam’ whistleblower

Posted at 23:42h in Cryptocurrency News by

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Jen McAdamImage copyright
Jen McAdam

A woman has received death threats after speaking out about an international cryptocurrency “scam”.

Jen McAdam, from Glasgow, has been leading a band of investors who believe they have been duped by the OneCoin digital currency.

OneCoin is said to have raised as much as £4bn around the world in investment.

But US prosecutors argue that far from being the next Bitcoin, OneCoin is a pyramid scheme masquerading as a cryptocurrency.

The scheme’s founder Dr Ruja Ignatova has disappeared and is facing money laundering charges.

Ms McAdam is one of an estimated 70,000 people in the UK who bought packages from OneCoin but have been unable to trade or fully cash in their stake.

The Bulgaria-based firm is still trading and denies any suggestion OneCoin is a scam, claiming it fulfils all criteria of the definition of a cryptocurrency.

‘Vile abuse’

Ms McAdam…

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