One coin latest news
Here are the latest news and updates about OneCoin:
Recent Developments:
- OneCoin's Founder Pleads Guilty: Ruja Ignatova, the founder of OneCoin, has pleaded guilty to fraud charges in a US court. She was accused of running a massive Ponzi scheme that defrauded millions of people worldwide.
- OneCoin's Assets Frozen: In 2020, the US Department of Justice seized over $400 million in assets linked to OneCoin, including luxury properties, yachts, and other assets.
- OneCoin's Website Shut Down: In 2017, the OneCoin website was shut down by the Bulgarian authorities, and the company's operations were suspended.
- Investors Sue OneCoin: Thousands of investors have filed lawsuits against OneCoin, alleging that they were defrauded by the company's false promises of high returns.
Latest News:
- OneCoin's Former Lawyer Arrested: In February 2023, a former lawyer for OneCoin was arrested in Bulgaria on charges of money laundering and fraud.
- OneCoin's Assets Sold Off: In January 2023, the US Department of Justice sold off over $100 million in assets seized from OneCoin, with the proceeds going towards compensating victims.
- OneCoin's Founder's Whereabouts Unknown: Despite her guilty plea, Ruja Ignatova's whereabouts remain unknown, and she is believed to be hiding in Europe or the Middle East.
Investor Alerts:
- Be Cautious of Similar Schemes: With OneCoin's collapse, investors are warned to be cautious of similar cryptocurrency schemes that promise high returns with little risk.
- Verify Investment Opportunities: Always research and verify investment opportunities thoroughly before investing, and be wary of schemes that promise unusually high returns.
- Report Suspicious Activity: If you suspect a fraudulent scheme, report it to the relevant authorities, such as the SEC or your local law enforcement agency.
Remember, investing in cryptocurrencies and other financial instruments carries risks, and it's essential to do your due diligence and research before investing.