Any news about onecoin

OneCoin. Well, I'm afraid the news is not good. OneCoin was a cryptocurrency that was launched in 2014 and was marketed as a rival to Bitcoin. However, it was later revealed that OneCoin was a Ponzi scheme, and its founders were arrested and charged with fraud.

In 2017, the US Department of Justice indicted Ruja Ignatova, the founder of OneCoin, on charges of wire fraud and securities fraud. She was accused of using the company to defraud investors out of millions of dollars.

In 2018, Ignatova disappeared, and her current whereabouts are unknown. Her brother, Konstantin Ignatov, was arrested in 2019 and charged with money laundering and other crimes related to OneCoin.

In 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against OneCoin and its founders, alleging that they had raised over $3 billion from investors through a fraudulent scheme.

In summary, OneCoin is no longer a viable or legitimate cryptocurrency, and its founders are facing criminal charges for their alleged involvement in a Ponzi scheme.