A major Canadian charity quietly returned donations from OneCoin and cut all ties with the cryptocurrency company's foundation after discovering the nature of the business backing the money.
Seva Canada, a nonprofit focused on restoring sight and preventing blindness, received funding from OneCoin's One World Foundation. The foundation, established in 2014 by OneCoin founder Dr. Ignatova, had donated money to pay for eyesight-restoring surgery for 73 children in Cambodia. OneCoin promoted the partnership heavily, uploading a video to its official YouTube channel on May 21, 2015, touting the charitable collaboration.
But something changed. Seva Canada's website now carries a disclaimer in the footer of its "Seva Supports" page: "Please note: Seva Canada has no current relationship with One World Foundation or OneCoin."
That statement contradicts what the One World Foundation claimed on its own website at the time—that it was "one of the major donators of Seva Canada Society."
A statement from Penny Lyons, Seva Canada's Executive Director, explains what happened. In an email dated June 22, 2015, Lyons wrote: "Seva Canada did receive funding from One World Foundation. We have since returned their donations (2) and severed all ties with the Foundation and OneCoin."
The swift reversal highlights a common tactic used by multilevel marketing schemes. MLMs often seek legitimacy through charitable associations—either by creating their own nonprofits or by donating to established ones. OneCoin used the One World Foundation as cover, presenting itself as a socially conscious company while facing increasing scrutiny as a fraudulent cryptocurrency scheme.
Seva Canada's decision to return the donations and publicly distance itself from OneCoin speaks volumes. The charity operates on the principle that restoring sight "is one of the most effective ways to alleviate suffering, transform the lives of individuals and families, and alleviate poverty." That mission depends on donor trust. By returning OneCoin's money and severing ties, Seva Canada chose to protect its reputation rather than keep funds from a tainted source.
The episode shows that some charities, at least, won't let questionable money buy their endorsement. For OneCoin, the loss of this partnership was minor compared to its eventual collapse. But for Seva Canada, the quick pivot signaled to donors and the public that the organization takes ethical standards seriously—even when it means walking away from charitable donations.
🤖 Quick Answer
What prompted Seva Canada to return OneCoin donations?Seva Canada discovered the nature of OneCoin's business operations and determined the company's practices were incompatible with the charity's values, leading the organization to sever all ties and return the funding that had supported cataract surgeries for 73 children in Cambodia.
How did OneCoin promote its partnership with Seva Canada?
OneCoin heavily publicized the collaboration by uploading a promotional video to its official YouTube channel on May 21, 2015, highlighting the charitable initiative and the foundation's support for sight-restoring surgical procedures in Southeast Asia.
What disclaimer did Seva Canada add regarding OneCoin?
Seva Canada added a footer disclaimer on its "Seva Supports" webpage explicitly stating the organization maintains no current relationship with OneCoin, signaling the complete severance of the previous partnership and associated charitable activities.
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