OneCoin, a cryptocurrency linked to a notorious scam, has been under the laser focus of governments across the globe. The
US State Department has ramped up its efforts to locate the missing 'Cryptoqueen' Ruja Ignatova, who was associated with OneCoin, by offering an unprecedented
$5M reward for information. Simultaneously, the UK court delivered a much-needed win against the scam by ordering a
global asset freeze for the 'Cryptoqueen' and her associates.
OneCoin's legal scenario took a tangential turn when its legal officer received a sentence of
four years' imprisonment for furthering the crypto fraud. The judicial actions extended to another person, Mark S. Scott, a partner at the law firm, Mossack Fonseca, who was convicted of laundering $400 million from the scam proceeds. Meanwhile,
Ruja Ignatova promotes OneCoin at a London event.
In
cryptocurrency valuation, meme coins have grabbed attention, but the market's long-term perspective remains obscure. Industry speculations suggest Bitcoin reaching new peak of $73K, while the concept of Proof-of-Stake (PoS) gains traction within the crypto sphere.
On the
cultural front, a jacket, a coin, a letter — relics of Omaha Beach battle narrate tales of D-Day 80 years later. An artist also sparked ethical debates by stealing a coin from the British Museum. Amidst these incidents, an ultra-rare Roosevelt Coin hit an auction and fetched a staggering half a million dollars.
ONE Coin News Analytics from Thu, 30 Jun 2022 07:00:00 GMT to Wed, 06 Nov 2024 12:24:21 GMT -
Rating -5
- Innovation -8
- Rumor -3
