OneCoin victims let defendants off the hook
Two victims of the OneCoin fraud have announced that they will be withdrawing their claims against two senior figures who were allegedly involved in the now-infamous crypto scam.
Sebastian Greenwood, who acted as the firm’s public face, is one of those who has been at least partially let off the hook by the new development.
He is also understood to have been a senior recruiter for the controversial scheme through what is now perceived to have been an affiliate marketing system.
The other is Andreeva Dilinska, who worked for the firm as head of the legal and complaints department.
Dilinska also acted as a spokeswoman and was closely involved in legal investigations.
Now, the two appear to have been given at least something of a reprieve.
The dismissal notice was filed by the victims at the Southern District Court in New York.
This happened last week on February 28th.
According to the notice, the prosecution’s case against Dilinska and Greenwood will happen without prejudice against the two defendants.
This news does not mean that other cases which have recently been brought in relation to OneCoin will be affected.
It also does not mean that future potential plaintiffs cannot bring similar class action lawsuits against the pair.
The OneCoin scam is one of the worst high-profile crypto fraud cases to hit the headlines in recent years.
It was in essence a scam multi-level marketing programme.
One of its other senior figures, Ruja Ignatova, is on the run.
Ukrainian civil servant hit with crypto mining charges
A person who works for the Ukrainian State Justice Administration has been charged after allegedly mining cryptocurrency in their workplace.
It is understood that they used computer equipment belonging to their employer, including bandwidth and also hardware, to carry out the mining – which is a resource-intensive endeavour.
However, they did this for their own personal profit – and the resources were in fact supposed to be used only for the court document management system.
It is understood that the alleged activity occurred between January 2018 and May of that year.
They then faced an investigation from the office of the prosecutor in the capital city of Kiev, which worked in tandem with other investigative organisations.
The person has now been charged with many different counts – including the distribution of harmful software.
Another charge on the list is illegal intervention in the work of computers and computer networks.
It is believed that the alleged fraud goes further than just the cryptocurrency sphere too.
The individual supposedly also hosted his personal websites on the government’s servers – some of which were e-commerce related.
If the civil servant is convicted, they will no longer be permitted to work for the country’s government.
They could also face jail time of more than five years if they are found guilty.
- The Move into Riskier Assets Could Continue – Here’s One News Event Which Could Surprise to The Upside
- First Trading Session of March Sees a Move into Risk. Is it Time to Buy Equities, GBP and EUR?
- Jittery Markets Flag Up the Clash Between Short-term and Long-term Price Trends
- Could This Be the Curveball Which Finally Halts Bitcoin’s Price Surge?
- These Five Upcoming News Events Will Determine the Direction of the Next Market Move
- EURUSD Daily – Bulls momentum on the increase
The Move into Riskier Assets Could Continue – Here’s One News Event Which Could Surprise to The Upside
First Trading Session of March Sees a Move into Risk. Is it Time to Buy Equities, GBP and EUR?
Safest Forest Brokers 2020
|Broker||Info||Best In||Customer Satisfaction Score|
|#1||Your capital is at risk Founded: 2011||Global CFD & FX Broker||
BEST FOREX BROKER Visit broker
|#2||CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Founded: 2010||Global Forex Broker||
Low minimum deposit Visit broker
|#3||Your capital is at risk Founded: 2014||Global Forex & CFD Broker||
Best Trading Conditions Visit broker
|#4||Your capital is at risk Founded: 2014||Global Forex Broker||
BEST SPREADS Visit broker
|#5||80.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Founded: 2008||Global CFD Broker||
Best Trading App Visit broker
Stay up to date with the latest Forex scam alerts
Sign up to receive our up-to-date broker reviews, new fraud warnings and special offers direct to your inbox