↓ OneCoin Scandal: The Dark Side of Cryptocurrency Uncovered

'Fraudulent activities and punishments associated with **OneCoin** are catching global attention. OneCoin's Legal Officer has been sentenced to **four years imprisonment due to the crypto scheme**. The **'Cryptoqueen'* Ruja Ignatova** was found investing in Dubai even while under indictment. Ignatova's **links to Bulgaria's underworld** have also been exposed. **OneCoin scam proceeds** were laundered resulting in a **10-year sentence** for the lawyer involved. The U.S State Department has also increased the **reward for information on Ignatova to $5 million**. Noteworthy is the mass **presence of OneCoin's operations in Uganda** where it has quickly become a **haven for crypto scams**. Additionally, another insider in OneCoin's fraudulent activities has been given a **prison sentence** while Ignatova managed to vanish after collecting a staggering **$4 billion**. A **new figure involved in OneCoin, William Morro**, has also been charged and apprehended by the U.S authorities. In a surprising twist, an executive from OneCoin got **four years for over a $4 billion crypto scam**. Elsewhere, a lawyer received a 10-year sentence for his role in a **$400 million crypto money laundering scheme** linked with OneCoin. The OneCoin Compliance Head pleaded guilty in the **$4 billion crypto fraud case** and was handed his sentence. However, some legal experts argue that freezing the Cryptoqueen's assets does relatively little in assisting the victims of the crypto scam.'

ONE Coin News Analytics from Thu, 30 Jun 2022 07:00:00 GMT to Tue, 10 Sep 2024 14:55:30 GMT - Rating -7 - Innovation -5 - Information 4 - Rumor -5