Crypto scam trial of OneCoin lawyer begins in New York
Mark Scott is being tried in a court in New York, accused of routing the proceeds of crypto scam One Coin, amounting to $400 million, out of the United States illegitimately.
Mark Scott is being tried in a court in New York, accused of routing the proceeds of crypto scam One Coin, amounting to $400 million, out of the United States illegitimately.
Jen McAdams has lost thousands, but for other OneCoin hopefuls, they hope she loses a lot more.
Diane Sands, Derek Collins, Dierde Ceannt and Greg Begley were all set to testify next month, reportedly able to produce especially damaging evidence.
The U.S. gov’t has requested four BOI execs to testify in the case against OneCoin’s Mark Scott. The execs will help the gov’t prove that he laundered over $300M through the bank.
A victim of the OneCoin cryptocurrency scam has filed a lawsuit in New York, revealing the extent of the losses suffered its victims.
The alleged head of a Ponzi scheme was denied bail after the court deemed he has the resources and connections needed to run from the law.
The Australian Securities and Investment Commission warned the public in a notice that it suspected OneCoin “could be involved in a scam.”
OneCoin’s team is stepping up to fight back against accusations that it is a pyramid scheme.
A former investor in the infamous OneCoin cryptocurrency project has sued the firm over the loss of $130,000.
A Samoan church in New Zealand may have helped OneCoin workers convince hundreds in joining their Ponzi scheme.
Police said the scam roped in new participants with promotional tokens which could be used to mine for OneCoin, a practice which is expressly prohibited under pyramid selling laws.
The two-year investigation has spanned over 20 provinces across China, with authorities recognising the $2.3 billion scheme as one of the biggest investigations to date.