The US Department of Justice has opened a compensation process for the victims of the OneCoin crypto fraud worth $4 billion.
Background of the OneCoin Case
- OneCoin is a pyramid scheme and major crypto fraud launched in 2014 by Ruja Ignatova ("Cryptoqueen") along with Sebastian Greenwood.
False claims: having its own cryptocurrency that is centrally mined, while its value is determined internally and cannot be freely traded.
Victims worldwide have lost about $4 billion
$ZAMA
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