Cryptocurrency Analysis and News Portal
Even as the OneCoin Ponzi scheme makes its way through the courts, a movie about it is now in development with a Titanic lead star. As reported by Deadline, Kate Winslet has signed on to star and produce Fake!, a movie based on an unpublished book by Jen McAdam and Douglas
Read More
Within the framework of the OneCoin scheme, the transactions moved a total of $137 million to international bank accounts.Thousands of “suspicious activity reports” commonly referred to as SARs and other U.S, government documents that were leaked by an investigative media outlet, BuzzFeed news, indicate that in February 2017, the Bank
Read More
One of America’s oldest banks wired over a hundred million dollars in funds linked to the crypto Ponzi scheme OneCoin, according to a trove of documents leaked from the U.S.’ financial crimes watchdog. In February 2017, the Bank of New York Mellon (BNY Mellon) flagged a number of transactions with the
Read More
Two promoters of a major cryptocurrency exit scam, OneCoin, have been found dead in Mazatlan, Sinaloa Mexico.Oscar Brito Ibarra and Ignacio Ibarra, two major OneCoin promoters, were apparently kidnapped and killed in Mexico, Cryptox en Español reports on July 14. According to the report, the two men were promoting OneCoin
Read More
Judge Valerie Caproni lifted the stay on a class-action lawsuit brought against the notorious crypto Ponzi scheme OneCoin 12 months ago.An order signed by the New York District judge mandates that all parties must submit a proposed schedule for the defendants to respond to the complaint before May 9. The
Read More
Sentencing for the co-founder of the major crypto scam OneCoin has been postponed for a further three months at the request of the United States government.On April 7, the New York Southern District Court approved a motion to adjourn the sentencing control date for Konstantin Ignatov, brother and accomplice
Read More
Crypto-Twitter has reacted with horror to the news that the United States Federal Reserve has been given a mandate to print as much new money as it needs to in order to avert a deeper financial crisis due to the coronavirus pandemic.Charles Hoskinson, CEO of Cardano developer, IOHK, even
Read More
The co-founder of cryptocurrency-inspired Ponzi scheme OneCoin faces charges of fraud and money laundering in her absence — but will now become a movie star.As Hollywood news outlet Deadline reported on Feb. 4, a United States production company has won the rights to a podcast about Ruja Ignatova originally
Read More
The OneCoin cryptocurrency project – accused by authorities of being a Ponzi scheme – may have attempted to boost its fortunes by using "inauthentic" accounts to place favorable reviews on TrustPilot and Quora, according to new research.The Digital Forensic Research Lab (DFRLab), an entity under U.S. think-tank the AtlanticCouncil, said
Read More
The New York Southern District Court granted a continuance in the lawsuit against David Pike over his alleged link to the OneCoin Ponzi scheme.Finance news outlet FinanceFeeds reported on Dec. 21 that the continuation of the case was approved until Jan. 12, 2020 based on court documents filed on
Read More