A former OneCoin investor named Christine Grablis is right now suing the cryptocurrency investment scheme for fraud. As an official complaint in the latest cryptocurrency news shows, the investor sues OneCoin while seeking damages and a class action suit to represent other investors which have been purportedly defrauded by the company.
The full list of defendants in the lawsuit includes Grablis on one side and OneCoin Ltd. on the other – as well as the founder of OneCoin, Ruja Ignatova along with her colleagues Konstantin Ignatov, Sebastian Greenwood, Mark Scott and other potential parties that are unnamed yet. Now that an investor sues OneCoin, the topic of the fraudulent scheme is again brought and featured by many best cryptocurrency news sites.
One Bloomberg report published on May 7 and featured on a lot of crypto currency websites shows that Ruja Ignatova (founder of OneCoin) has been charged with wire fraud, securities fraud as well as money laundering. On the other hand, the investor sues OneCoin and its other member which include Ruja’s younger brother (Konstantin) who is the purported executive at OneCoin and who was already charged with fraud and money laundering in March this year.
The investor sues OneCoin in a class action complaint where Greenwood is the co-founder and the “public face” of OneCoin. Mark Scott is listed as a licensed attorney who is using his legal knowledge to help the company launder money via hedge funds.
Grablis has hired a law firm named Silver Miller to carry out the complaint. This firm specializes in representing cryptocurrency investors and has issued a press release instructing many of the investors in the scheme that an investor sues OneCoin and that they can do the same and participate in the class action lawsuit too.
As we previously reported on our altcoin news site, OneCoin was a global phenomenon and a Ponzi Scheme that used nothing but “smoke and mirrors” tactics to maintain some air of legitimacy – scamming users to invest in the pyramid scheme and potentially hold virtual coins. Through multi level marketing (ML), the scheme sold education materials for trading along with tokens that could be used to mine OneCoins.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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