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According to reports, the notorious Onecoin organization is threatening to sue media outlets and journalists accusing the operation of being scandalous. Two bitcoin proponents have come forward this past week claiming Onecoin Ltd and the companyâs lawyers are planning to file lawsuits against them for defamation and âeconomic losses.â
Also read: Buyer Beware! The Definitive OneCoin Ponzi Exposé
German Bitcoin Journalist Threatened by Onecoin Lawyers
Coinspondent journalist Friedemann Brenneis.
The accused Ponzi operation and so-called âcryptocurrencyâ Onecoin has been getting a lot of negative attention lately. A few weeks ago German regulatory authorities seized funds from a Onecoin affiliated company for unlawful remittance transmission. Following this incident law enforcement from Mumbai seized $3 million in funds and arrested eighteen Onecoin associates for fraudulent business practices. Since then a few journalists reporting about Onecoinâs controversy were threatened with lawsuits from Onecoinâs lawyers.
One journalist from the German cryptocurrency-focused publication Coinspondent received letters from Onecoin attorneys saying they were unhappy with a few articles published on the website. The German reporter Friedemann Brenneis explains his situation with Onecoinâs legal team stating; Â Â Â Â
âIn the past days I have received legal letters from several Onecoin lawyers that are extremely irritated about an article I have published,â explains Brenneis. âIn this article, I was simply pointing out two publications by Bafin (the German banking watchdog) concerning Onecoin.â
It appears that the intimidation has been big enough to get many other website publishers to take their Onecoin articles down for good. At least that is what the lawyers proudly list.
Another Bitcoin Proponent From Norway Is Intimidated With Litigation
Norwegian Bitcoin enthusiast Bjorn Bjercke AKA âMr. Bitcoin.â
A bitcoin proponent from Norway, Bjorn Bjercke has also allegedly been threatened by Onecoin lawyers. Bjercke says heâs been asked to remove his articles, and Youtube videos that explain Onecoinâs shady activities from the web. The Norwegian resident says he wonât be pushed around by Onecoin and has decided to âlawyer upâ to expose Onecoinâs aggressive actions. Onecoinâs legal team also wants Bjercke to apologize for his editorials and videos publicly. Â
âI also have to apologize publicly or else they will file a suit against me for their economic losses due to the harm I have caused them,â details Bjorn Bjercke. âIn my opinion, Onecoin is like a cancer to the cryptocurrency community. I cannot give up, I cannot hide the truth, I cannot stay quiet about Onecoin/Onelife being a SCAM. So I decided to lawyer up which is going to be very expensive.â
Other Ways Bitcoiners Can Help Take Onecoin Down
According to Brenneis, and Bjercke other news outlets and reporters are being intimidated by Onecoin Ltdâs lawyers as well. The two bitcoin enthusiasts say that others have removed articles and videos in fear of litigation. Both whistleblowers are soliciting bitcoin donations for the legal costs of fighting Onecoin. The German reporter Brenneis has already secured 7.5 BTCÂ for legal costs since he announced his troubles with Onecoin. However, Bjercke says there are other ways cryptocurrency proponents can help, such as reporting Onecoin videos to Youtube in order for them to be removed.
 âOur team really needs your help right now,â says Bjercke. âIf many people do this we can take them down. Ultimately stopping them stealing peopleâs money like the criminals that they are.â
What do you think about Onecoin lawyers bullying news outlets and journalists? Let us know in the comments below.
Images via Shutterstock, Youtube, Linkedin, and FinTech.li.
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The post News Outlets and Journalists Are Being Threatened By Onecoin Lawyers appeared first on Bitcoin News.
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