Kraken Crypto Exchange Denies Onecoin’s OFC Token Listing, Calls it a Ponzi Coin


Kraken Declines To List Onecoin’s OFC ‘Ponzi Coin’

The announcement by OneCoin concerning the OFC ICO led to the featuring of 12 public exchanges on the initial coin offering site. According to OneCoin, it had to contract the featured exchange in connection to the free listing of the OFC ERC20 virtual asset. Devoid of giving any clarifications, OneCoin decided to slash the highlighted exchange figure to a smaller number within a couple of days.

At the moment, out of the continuing six which were registered, one exchange has made it public that it will not list OneCoin’s OFC Ponzi coin. As a result of cutting the number of listed exchanges by half, OneCoin has decided to delete the listing from their initial coin offering website. Even though nothing of the kind is now going to happen, one can still have a look at the ‘exchanges’ segment of the menu in the website.

The Disappearance of Reports

Since most of the reports on the OneCoin initial coin offering website have all been pulled down, it is expected that even the mentioning of other exchanges will be deleted. However, it has been noted that a while ago, a Twitter user by the name of Alexis Aiono decided to contact Kraken, whereby he requested to be told if the exchanges will publicly deny any prospective collaboration with OneCoin, which has been declared as a scam.

In response to the question, the support staff at Kraken confirmed that the exchange had no intentions of listing OneCoin, or any other Ponzi coin. Over and above, it is most likely that the other exchanges which were on OneCoin’s list must have had the same kind of reactions, which could have prompted the firm to do away with the exchange list completely.

It is also worth noting that in spite of the hurdles it is facing, the virtual asset is intending to whip its OFC virtual assets to depositors for 0.02 Euros to 0.06 Euros starting from the October 8th, 2018. As a result of the public listing which was done in a hurried manner, the ERC20 token seems to be very much unlikely. This also implies that OFC virtual assets will not be any different from the original OneCoin which is a publicly tradable Ponzi coin.

By and large, one of the most pertinent questions anyone would ask the moment it will be revealed is the reason behind the introduction of the OFC tokens. In many ways, it does not make any sense at all.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide