Bruce Fenton Writes a Letter Against OneCoin, Industry Leaders Back Him

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During the fall months, there’s been a lot of talk surrounding the alleged OneCoin scam. Just recently, former Bitcoin Foundation director Bruce Fenton wrote a letter calling for authorities to look into this giant MLM “cryptocurrency.”

Also read: Buyer Beware! The Definitive OneCoin Ponzi Exposé

Bruce Fenton: A Letter Against OneCoin’s Activities

Bruce Fenton
Bruce Fenton

In a written letter on GitHub, Bitcoin proponent Bruce Fenton is calling for action. The letter states that those who sign the petition are concerned about the “illegal business practices of a business known as OneCoin.” Fenton details that, collectively, people participating in his letter of intent include executives, developers, and investors within the legitimate cryptocurrency and blockchain community.

Fenton reveals that the undersigned participants believe OneCoin is “harmful to the public but also to this technology.” He writes that OneCoin is engaging

Read more ... source: TheBitcoinNews