Onecoin Lawsuit Continues: Judge Lifts Stay Order, Investigators Search for ‘Crypto Queen’

Onecoin Lawsuit Continues: Judge Lifts Stay Order, Investigators Search for 'Crypto Queen'In mid-April, news.Bitcoin.com reported on the unsealed indictment tied to the Onecoin cofounder Sebastian Greenwood. At the same time, U.S. Judge Valerie Caproni had placed a stay order on the case against Greenwood, Konstantin Ignatov, Mark Scott and David Pike. Now Judge Caproni has lifted the stay and the court case against the defendants can […]

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Charges of Fraudulent Pretense: US Court Unseals Onecoin Cofounder’s Indictment

Charges of Fraudulent Pretense: US Court Unseals Onecoin Cofounder's IndictmentManhattan 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 […]

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‘Overwhelming Evidence’ – Prosecutors File Motion to Dismiss Alleged Onecoin Lawyer’s Appeal

While Onecoin’s crypto queen Ruja Ignatova remains at large, U.S. resident Mark Scott is trying to get his verdict acquitted after being accused of helping Onecoin leaders, including Ignatova, launder money and commit fraud. Also read: ‘What Bitcoin Did’ – Scanning the Hottest Cryptocurrency Keywords and Google Searches NYSD prosecutors Cite Strong Evidence Against Lawyer […]

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UK’s FCA Suspends Epayments Service – Over £100M Frozen and Alleged Onecoin Connection

UK's FCA Suspends Epayments Service - Over £100M Frozen and Alleged Onecoin ConnectionsEpayments, one of the largest payment providers in the U.K., has halted operations after the Financial Conduct Authority (FCA) suspended the company for “weaknesses” related to its anti-money-laundering (AML) process. Since Epayments shut down on February 11, customers have been complaining because they cannot access their money. Reports also detail that if the firm becomes […]

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New Regency Television Wins Screen Rights to Onecoin Story – The Missing Cryptoqueen

New Regency Television Wins Screen Rights to Onecoin Story - The Missing CryptoqueenThe story of Onecoin and cofounder Ruja Ignatova might be seen on television sets in the near future. Reports detail that New Regency Television International participated in a bid for the rights to the BBC Sounds podcast “The Missing Cryptoqueen.” Also read: The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors New Regency Television […]

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The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors

Onecoin's Ponzi Scheme Demise and Aftermath Continues to Impact InvestorsIn late 2019, the remnants of multi-level Ponzi scheme Onecoin crumbled. However, Onecoin’s founder, dubbed the ‘crypto queen,’ Ruja Ignatova, remains on the run and law enforcement haven’t caught up with her yet. Moreover, police are investigating two churches in New Zealand that allegedly have links to the Onecoin operation and founders. Also read: Onecoin […]

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Accused Onecoin Co-Conspirators Fight Criminal Charges in the US

Accused Onecoin Co-Conspirators Fight Criminal Charges in the USThe Onecoin scam, a multi-level Ponzi scheme that acquired $4 billion from investors has been falling apart at the seams. Criminal proceedings have started against Onecoin leaders and one alleged associate who was found guilty of laundering $400 million has asked a New York judge for more time to process an acquittal motion. Additionally, according […]

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Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles

The MLM monitoring publication behindmlm.com revealed on Dec. 1 that the infamous Ponzi scheme Onecoin’s website onecoin.eu has gone offline. According to the domain host Eurid, the onecoin.eu domain name is currently “under legal investigation.” Onecoin’s website going offline follows the recent arrest of the operation’s cofounder Konstantin Ignatov. Also read: Part Deux! Onecoin Buyer […]

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Onecoin Leaders Indicted in the U.S. for Operating ‘Fraudulent Pyramid Scheme’

On March 8, the Department of Justice and the U.S. Attorney’s Office Southern District of New York (SDNY) announced that officials have indicted two of the top leaders of the notorious Onecoin project. The prosecutors charged Onecoin cofounders Konstantin Ignatov and Ruja Ignatova with a slew of charges in connection with defrauding investors. Konstantin Ignatov […]

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‘Bitcoin Killer’ Onecoin Is Ashes But Investigations Continue to This Day

The So-Called 'Bitcoin Killer' Onecoin is Left in Ashes, But Investigations Still ContinueBack in 2014, a group led by a woman named Ruja Ignatova created a Ponzi scheme called Onecoin which, together with the organization Onelife, defrauded billions from 3 million people. At peak popularity, the group declared that Onecoin would be a “Bitcoin killer” but the pyramid scheme is now in ashes and many of its […]

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