1 year ago
A London-headquartered instrumentality steadfast is preparing a suit against the fugitive mastermind of the Onecoin crypto pyramid scheme, ‘Cryptoqueen’ Ruja Ignatova. Its lawyers mean to record a people enactment suit successful the United Kingdom’s High Court, the British property revealed.
Fugitive Cryptoqueen May Face U.K. High Court Lawsuit Over Investor Losses
Mishcon de Reya, the elite British instrumentality steadfast that erstwhile had Princess Diana among its high-profile clients, is present moving connected a suit against the laminitis of the notorious crypto scam Onecoin, the inactive “missing Cryptoqueen” Ruja Ignatova.
The lawyers are readying a people enactment suit successful Britain’s High Court, the Mail connected Sunday reported. Mishcon seeks to retrieve funds mislaid by investors successful the Ponzi scheme. Claimants tin motion up connected a “no-win, no-fee” basis, the paper detailed. Mishcon spouse Rhymal Persad elaborated:
The assertion aims to execute astatine slightest partial redress for investors taken successful by the deception and who suffered losses arsenic a result.
Launched successful 2014 by Bulgarian-born German nationalist Ignatova and her concern spouse Karl Sebastian Greenwood, a national of Sweden and the United Kingdom, Onecoin operated arsenic a multi-level selling operation that enticed victims to enactment wealth into a fake cryptocurrency with the aforesaid name.
Between the 4th fourth of 2014 and the 4th fourth of 2016 alone, its operators managed to person astatine slightest 3.5 cardinal radical astir the satellite to put implicit $4 billion. While Greenwood was precocious sentenced to 20 years successful prison, Ignatova is astatine large. She was past seen successful nationalist six years ago.
Onecoin, arguably the largest fraud successful crypto history, advertised its non-existing crypto arsenic the “Bitcoin killer,” promising immense returns for those who bought it, though its worth was acceptable by the scammers. They claimed the coins were issued connected a backstage blockchain and mined similar regular cryptocurrencies.
Other associates of FBI-wanted Ruja Ignatova who person been caught already see her member and besides Onecoin co-founder, Konstantin, who was arrested successful 2019, pleaded blameworthy and agreed to cooperate with U.S. authorities, arsenic good arsenic lawyer Mark Scott who was precocious denied a caller trial.
The Cryptoqueen herself disappeared aft boarding an Athens-bound formation connected Oct. 25, 2017, successful the Bulgarian superior Sofia, wherever Onecoin had offices. Information astir her suspected whereabouts has occasionally appeared successful media reports, including 1 claiming she was killed successful Greece successful 2018.
Do you deliberation Ruja Ignatova volition beryllium recovered and arrested to look a proceedings and lawsuits similar the 1 prepared by the British instrumentality firm? Tell america successful the comments conception below.
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