CORPORATE ANNOUNCEMENT

We are distributing the official explanation of the OneCoin organization in regards to the ongoing media productions with no article changes: 

OneCoin authority explanation with respect to productions about uncovered criminal gathering identified with OneCoin cryptographic money

CORPORATE

January 22, 2018 

The OneCoin organization might want to authoritatively express that the different ongoing media declarations around an uncovered criminal gathering, occupied with tax evasion utilizing the OneCoin cryptographic money, are false and are deceiving the general population. 

The OneCoin organization trusts that all the above media claims are the consequence of an efficient, intentional battle, intending to harm our corporate notoriety and obliterate our business. 

Give it a chance to be obvious to the open that the organization has never been associated with criminal or illicit exercises in any nation or region of activities, incorporating into the Republic of Bulgaria. The organization and its accomplices have in every case straightforwardly pronounced their readiness to collaborate with controllers, legislative associations and media, and give any data that would be valuable in clearing up any disarray or doubt, identified with their business exercises. Thusly, we have been incredibly amazed that we were never drawn closer and requested elucidation, including by any news source around the world, of course by media making progress toward journalistic demonstrable skill, decency and objectivity. A point that we could all concede to is that media is basic to and ought to be the mainstay of a solid majority rules system. 

The way that amid the recent days we are seeing totally the inverse, is very irritating. We are persuaded this is a purposeful assault against the OneCoin organization, its accomplices and the OneCoin digital money, just as its Founder, Dr Ruja Ignatova. What we at present watch is a determined media storm, meaning to hurt the notoriety of the organization and its Founder, intending to stow away vital attributes of the OneCoin digital money, with the goal that it is displayed in a totally unexpected manner in comparison to it equitably ought to be. 

To get out all questions about OneCoin lacking straightforwardness, we might want to bring up this is a concentrated digital currency, along these lines furnishing higher liquidity and less unpredictability with a long haul vision and system for a steady advancement, dissimilar to different cryptographic forms of money that open and permit conceivable theory from merchants. Cryptocurrencies are typically doubted, essentially on account of their obscurity of exchanges and absence of client distinguishing proof. This makes it feasible for offenders to utilize digital forms of money for illicit exercises. Supposedly, such exercises are impractical with OneCoin – a digital currency that has strived to execute consistence methodology meaning to recognize every client (KYC - Know your client), every business (KYB - Know your business), to avoid illegal tax avoidance (AML - Anti Money Laundering), and so forth. Every one of these techniques expect to keep the utilization of OneCoin for questionable exercises. What's more, it is likewise essential to take note of that the unified model gives the most elevated amount of counteractive action from conceivable misfortune because of breakdown of the client's equipment, inevitable burglaries or, for instance, because of the capacity of progressing information reinforcements. These realities were never displayed by the media and the OneCoin digital money was not exhibited impartially also. 

Right now, in view of the continuous examination, the OneCoin organization and its accomplices are confronting tremendous money related loses. From the workplaces of our accomplices was, in addition to other things, reallocated specialized gear that is essential for their day by day tasks and its misfortune won't just prompt money related mischief however could prompt chapter 11. This reality is additionally confounding and influences us to trust this is definitely not an irregular happenstance. 

It is imperative to clear up that dependent on the input we got from our legal counselors, there is as yet a continuous examination, which in every single majority rule nation implies a certain something – there is no end made by legal expert, in light of proof and dispassionately demonstrating a ground to make allegations either against an organization or against a characteristic individual. Amid the inquiry of our and our joining forces organizations' workplaces on Wednesday, January 17, 2018, the representatives enquired after the charges, the explanation behind the hunt and the meetings by authorities. So far such data was not given. 

In end we might want to express that the media inclusion of the progressing examination, done under suspicious conditions, without a last finish of the skilled specialists is deceiving the open in regards to the realities and proof gathered, further scrutinizing the objectivity of the circled data in the Bulgarian press, which could be characterized as a dark PR with questionable objectives. 

So as to ensure the privileges of our workers, customers and accomplices, the OneCoin organization and its accomplices will educate media delegates and general society of the improvements, identified with this case.