Judge Rules Lawsuit Targeting Multi-Billion OneCoin Ponzi Can Proceed
The judge presiding over a class-action lawsuit targeting the executives behind the OneCoin Ponzi scheme has allowed the case to proceed. Go to Source Powered by WPeMatico
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OneCoin Investors Ask Judge Not to Scrap Suit While New Indictment Is Unsealed
A indictment alleging conspiracy to commit wire fraud against OneCoin co-founder Karl Greenwood was unsealed ahead of his June pre-trial conference Go to Source Powered by WPeMatico
Crypto Staking Wallet Offers 1.5% Daily Returns: Ponzi in Progress?
A cryptocurrency staking app looks like a Ponzi scheme and might be related to an exit scam from 2018, according to a former victim Go to Source Powered by WPeMatico
Charges of Fraudulent Pretense: US Court Unseals Onecoin Cofounder’s Indictment
Manhattan prosecutors from the New York Southern District Court (NYSD) have unsealed indictment charges against Onecoin cofounder Sebastian Greenwood. The documents allege that Greenwood, alongside his accomplices Ruja Ignatova the ‘Crypto Queen’ and her brother Konstantin Ignatov, committed fraud on a multi-billion dollar level. Meanwhile, as the public finds out that Greenwood has five charges … Read more
Judge Threatens to Nix OneCoin Suit After Plaintiffs Miss Multiple Deadlines
The judge is threatening to ditch a $4 billion suit against OneCoin after its lead plaintiff failed to meet reporting deadlines Go to Source Powered by WPeMatico
US Court Postpones Sentencing for OneCoin Crypto Scam Co-Founder
Sentencing for OneCoin co-founder Konstantin Ignatov has been deferred until July 8, 2020 Go to Source Powered by WPeMatico
CFTC Requests Default After Failing to Find $147M Bitcoin Ponzi Operator
10 months after filing its initial complaint, the CFTC is requesting default after the defendant was not located Go to Source Powered by WPeMatico
Prosecutor Says Crypto Scammers Should Stay in Jail Despite COVID-19 Concerns
A federal prosecutor is arguing against the release requests of two men accused of masterminding the $722 million BitClub Network Ponzi scheme Go to Source Powered by WPeMatico
Bitcoin’s Plunge Due to Traditional Markets Falling or PlusToken Dumping?
Experts weigh in on Bitcoin’s falling price — is it due to traditional markets falling, or alleged PlusToken scam selling? Go to Source Powered by WPeMatico
Legendary Soccer Player Turned BTC Pyramid Detained With Fake Passport
After his involvement in pyramid schemes of Bitcoin, Ronaldinho Gaucho has been‘arrested’ in Paraguay with fake passports Go to Source Powered by WPeMatico