TechLair

  • Home
  • contact
  • About
  • Privacy Policy

Here are the 3 ways OneCoin defrauded cryptocurrency investors for billions

Monday, March 11, 2019 by Piyush Suthar | Comments

Home News Tech Here are the 3 ways OneCoin defrauded cryptocurrency investors for billions

The alleged ringleaders of OneCoin, the multi-billion dollar cryptocurrency-fuelled pyramid scheme, have finally been busted. On Friday, US authorities apprehended brother-and-sister duo Konstantin Ignatov and Ruja Ignatova at Los Angeles International Airport over their role in the international blockchain-based scam, reports Bloomberg. Ignatova, the founder of OneCoin, was charged with securities fraud, wire fraud, and money laundering, but as yet is not under arrest. Ignatov is alleged to have taken over OneCoin, and was arrested on a charge of conspiracy to commit wire fraud. A third suspect, Mark S. Scott (a former partner of a major US law firm Locke Lord), had already been…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


Follow me on Twitter, Facebook, Google+, YouTube.

Load comments
  • Newer Post
  • Home
  • Older Post
  • techlair
    Over 1,500+ Readers

    Get fresh content from TechLair

    brand222 facebook brand2 envelope-o

    BEST OF TechLair

    Noise Shots X5 Review: Better Than Apple Airpods?
    The First iPhone Topped Fortune’s List of “Greatest Designs of Modern Times”
    Xiaomi Remains India’s No 1 Smart TV Brand for 5 Successive Quarters
    Apple iPhone 11 Pro Max Review: A stellar upgrade in every sense of the word


    Copyright © 2019 TechLair. All rights reserved.
    Privacy Policy • DMCA • Contact