Over 400 victims of the crypto scam have been turned to the High Court of London by OneCoin. 😮

The Crypto Scam Exposed: 400 Victims Obtain Justice Against Fraudsters

If you have been following the developments of OneCoin, you’ll be interested to know that over 400 victims of the crypto scam have successfully frozen the assets of the alleged fraudsters.

In a legal case presented to the High Court of London, victims are seeking compensation for their significant losses amounting to a total of 4 billion dollars.
The freezing order extends globally to include individuals and companies connected to OneCoin, accused of orchestrating one of the largest crypto scams.
Key figures such as Ruja Ignatova, Karl Sebastian Greenwood, and others are under investigation for their involvement in the fraudulent scheme.

The Fight Against the Crypto Scam Conspirators

Represented by Mishcon de Reya LLP, the group of investors is making significant legal strides against the conspiracy behind the OneCoin scam.

The legal case alleges illicit means, deception, breach of fiduciary duty, dishonest assistance, and violations of the Insolvency Act of 1986.
Lawyer Rhymal Persad from Mishcon de Reya highlights the impact of the fraud on victims and the initiation of a class action lawsuit in the UK.
The legal action is open for participation on an “opt-in” basis for victims seeking compensation for their losses due to the OneCoin scam.

Update: The Pursuit of Justice Continues

While the “CryptoQueen” Ruja Ignatova remains at large, recent developments have seen legal officer Irina Dilinska sentenced to 4 years in prison.

In January 2023, Ignatova was listed as one of the FBI’s most wanted fugitives after evading capture for over five years.
Contrastingly, in April 2024, Dilinska was convicted and sentenced to prison by a judge in the Southern District of New York for her role in the OneCoin scam.

Hot Take: Seeking Closure for OneCoin Victims

News on the case concerning the great crypto scam of OneCoin, with over 400 victims who have turned to the High Court of London to obtain compensation. The order issued was to freeze the assets of the alleged fraudsters, identified in numerous individuals and companies connected to OneCoin.