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Controversial OneCoin has been declared a genuine cryptocurrency, will replace Ethereum as the Number 2 crypto. It followed the landmark decision by a Federal Circuit Court judge in California.
Controversial OneCoin has been declared a genuine cryptocurrency and ordered to be listed on coinmarketcap.com with immediate effect.
The declaration followed the decision of Manuel Lin Miranda, Federal Circuit Court judge in California on Friday, March 31, 2017. The case which lasted a period of 14 months saw OneCoin creator, Dr. Ruja Ignatova and her team cleared of all allegations due to lack of substantive evidence by the prosecutor.
A confident Ignatova tells Cointelegraph that the victory in court is not hers but a victory for the humanity and the cause of liberty.
“This is not my victory, it is a victory for the entire people of the world. What we see here today is proof that purpose and goodwill will always prevail at the right time.”
The aftermath of this development has seen the newly recognized cryptocurrency display an unofficial market capitalization of over $13 bln, rising above Ethereum to become second only to Bitcoin.
Supporters of the newly recognized cryptocurrency are enthusiastic and are quick to express their joy, explaining their resilience and steadfastness having encountered unprecedented trials during the days of uncertainty.
A OneCoin user from Nigeria describes the development as an unimaginable miracle. Having invested over NGN10 mln in the project, he says that the hopelessness encountered before now took a toll even on his health. Worst of it all according to him is the mockery and blame received from the people around him over the last couple of months.
“It is a great turn-around. Somehow, I knew a day like this would come, my tears have now turned to joy. Our goal is to overtake Bitcoin and we are almost there. We are the new billionaires in town, thanks to our leader Dr. Ruja Ignatova.”
The entire crypto ecosystem has been thrown into panic as no one knows what to expect anymore. This development completely exhumes the almost completely buried question of how much of government interference can be experienced within the crypto environment.
Unprecedented price volatility is far from being expected in the next couple of days across major cryptocurrencies because this is just a huge joke!
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