A cryptocurrency scam just swallowed a pyramid scheme. Last month, OneCoin acquired BNG International—marking the third time the notorious coin fraud has bought up a collapsed European con.

BNG International was never legitimate. It launched in late 2013 as Wish Club, an energy drink MLM that charged recruits $299.95 to join. Money flowed upward through recruitment commissions and "autoship" orders. By August 2014, it collapsed. Most investors lost everything.

BNG International was the rebrand. Same model, same greed.

The company operated from Portugal under John Mercucci, who had run Blackdever—a Brazilian pyramid scheme that bilked people out of an estimated $10.4 million. When authorities shut it down, they recovered just $57,472. Mercucci had already moved on by then, apparently unscathed.

Blackdever itself was reborn as Wish Club. Wish Club died and became BNG International. Now BNG International has been absorbed by OneCoin. These schemes don't die—they get repackaged and resold.

The math is brutal. Affiliates lost money in Blackdever. They lost money again in Wish Club. Now they've lost money a third time in BNG International. That's when OneCoin stepped in.

Mercucci announced the acquisition on June 1st. OneCoin never made it official. He attended OneCoin's "CoinRush" event in London and immediately began recruiting BNG's former affiliates into the cryptocurrency scheme. The pitch was simple: your last investment failed, try this one instead.

BNG International stopped paying commissions over a year ago. The affiliate base was already bleeding money. They were primed. Desperate people make poor decisions.

OneCoin needed them too. The cryptocurrency scam runs on constant recruitment and fresh investor capital. A database of people who've already shown willingness to join MLM schemes—and who've already lost significant money—represents ready-made prey.

The exact amount OneCoin paid for BNG's affiliate list remains unknown. What's clear is the company saw value in accessing thousands of names of people predisposed to fraud.

Alexa traffic data shows BNG International began its final collapse around this time last year. By June 8th, Google's cache still showed an active website. Then nothing. The domain went dark, likely scrubbed clean before Mercucci handed over the keys.

OneCoin's acquisition strategy reveals its playbook. Find collapsed schemes. Buy the affiliate database. Recycle the marks. Repeat.

For BNG International's affiliate base, this represents a nightmare made flesh. They trusted once, twice, three times. All three times they lost. Now the most recent grifter has been sold their contact information to a larger, more aggressive grifter operating under the cryptocurrency banner.

Whether OneCoin breaks into the Brazilian market through this purchase remains uncertain. What's certain is that thousands of people who've already been robbed three times now have OneCoin's attention. And OneCoin has a track record of being very good at taking money.

🤖 Quick Answer

What is OneCoin's acquisition strategy regarding defunct schemes?
OneCoin acquired BNG International, a rebranded pyramid scheme previously known as Wish Club. This represents the third acquisition of collapsed European fraudulent operations by OneCoin, suggesting a pattern of consolidating failed schemes under its cryptocurrency umbrella.

Who operated BNG International and what was his background?
John Mercucci directed BNG International from Portugal. He previously operated Blackdever, a Brazilian pyramid scheme that defrauded investors of approximately $10.4 million, with authorities recovering only $57,472 before Mercucci relocated.

How did the original Wish Club scheme function?
Wish Club operated as an energy drink multi-level marketing enterprise launched in late 2013. Participants paid $299.95 for membership, with revenue generated through recruitment commissions and mandatory "autoship" product orders until its collapse in

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