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OneCoin is a Scam - Jason M. Tyra, CPA, PLLC

Choose your Bitcoin wallet. Always remember that it is your responsibility to choose your wallet carefully and adopt good practices in order to protect your money.Photo: Getty The initial coin offering party is over in China.

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The OneCoin scam is a Ponzi scheme that is linked with a pyramid recruiting scheme disguised as a new digital currency.

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Locals attend the opening of the first bitcoin retail store in Hong Kong in 2014.

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Bitcoin Reddit on Twitter: "Project to Subsidize

Digital tokens are being used in cryptocurrency markets to