One possible reason OneCoin jumped the gun and announced the Italian ban had been lifted was the confusing nature of the Regional Court’s order.
On the other hand being a party to the case, surely OneCoin is being represented by Italian lawyers – so how did they get the decision wrong?
Another possibility (again based on the confusing language of the order), is that the Regional Court failed to explicitly reference the ban.
The order is quite vague and certainly suggests AGCM’s orders (both the suspension and fine) were overturned.
OneCoin read into it that the suspension had been lifted and Vzs are reading it as only applying to the fine.
Along with the European Consumer Center, Vzs was responsible for filing an initial complaint against OneCoin back in 2016.
With AGCM still investigating the matter, perhaps they’ll publish an update clarifying the current status of OneCoin in Italy.
Not that it necessarily matters. Since the ban OneCoin recruitment in Italy has all but ground to a halt anyway.
As per Alexa traffic estimates, Italy doesn’t register as a significant source of traffic on either the OneCoin or OneLife websites.
http://behindmlm.com/companies/onecoin/ ... er-center/
