Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Topic started by: mlawson71 on August 09, 2020, 06:39:52 PM
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The OneCoin cryptocurrency scam became notorious with its sheer size – between April 2014 and March 2018 it had attracted over 4 billion USD. Consequently, the victims of the scam sued Konstantin Ignatov, one of the now convicted perpetrators.
A settlement was reached in that lawsuit after Donald Berdeaux and Christine Grablis, who represent all scammed investors, agreed to it because US court judge warned them that the case could be dismissed if they failed to provide details showing the reasons not to abandon a class- action lawsuit.
Constantin Ignatov is currently negotiating with US prosecutors about a plea deal after testifying against an accomplice of his and is still awaiting sentencing.
Source (https://www.forexbrokerz.com/news/investor-settlement-reached-on-the-onecoin-scam)
I wish they disclosed what the settlement was. That would have been interesting to see, considering the size of the scam.
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yes onecoin is scam dont invest you may invest in xrp big profit gain in future.