Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets

A lawyer representing Onecoin victims has urged Bulgarian authorities to reopen an probe into the crypto pyramid strategy and prehend assets to compensate his clients. The lawyer is asking officials successful Sofia to instrumentality into relationship developments helium considers related to the case, including the caller execution of a Bulgarian transgression fig successful South Africa.

Attorney Hopes New Bulgarian Chief Prosecutor Takes connected Onecoin Investigation

Dr. Jonathan Levy, a ineligible typical for radical affected by Onecoin from respective countries, has filed a caller petition that Bulgaria’s acting apical authoritative reopens an probe into the multi-billion dollar crypto Ponzi strategy and prehend associated assets for restitution of the victims.

In a missive to the Bulgarian Ministry of Justice, Levy is turning attraction to caller events that helium believes are connected to the case. These see the execution of Bulgarian organized transgression fig Krasimir Kamenov successful South Africa, linked to the precocious fired main nationalist authoritative of Bulgaria, Ivan Geshev, and the fugitive laminitis of Onecoin, Ruja Ignatova.

Geshev was removed from bureau by Bulgaria’s Supreme Judicial Council earlier successful June and replaced by Borislav Sarafov arsenic Acting Prosecutor General. In December 2021, Levy filed a petition with the Bulgarian Constitutional Ombudsman, accusing Geshev of protecting Onecoin which allegedly continued to run done affiliated entities successful Bulgaria.

The U.K. lawyer present insists that Onecoin indispensable beryllium unopen down, the liable persons arrested and their assets seized. In enactment of his latest request, Levy presents a sworn declaration by Onecoin’s erstwhile Compliance Officer Duncan Arthur, a national of the Republic of Ireland and the Republic of South Africa, which details the scam’s contacts successful Africa.

Kamenov, who was assassinated successful Cape Town successful precocious May, on with his woman and 2 different victims, has been accused of engagement successful the execution of a apical constabulary authoritative successful Sofia and connected to the disappearance of Ruja Ignatova and a reported 230,000 BTC successful her possession.

Cryptoqueen’s Whereabouts and Fate Still Unknown

According to an nonfiction published successful February by the Bulgarian website Bureau for Investigative Reporting and Data (Bird.bg), the “missing Cryptoqueen” was killed successful Greece, successful November 2018, a twelvemonth aft she boarded a level bound for Athens. The study claims the decision is based connected grounds obtained during the probe into past year’s execution of the ex-head of a transgression constabulary section successful the Bulgarian capital.

Both whitethorn person been murdered by a transgression radical associated with Kamenov, according to the information. However, Jonathan Levy requested an probe suggesting Ignatova’s decease whitethorn person been faked by the transgression organization. “Geshev past belatedly sought Kamenov’s apprehension but not earlier Geshev claimed helium had narrowly escaped a weaponry plot,” the lawyer noted.

“I americium requesting the Acting Chief Prosecutor reappraisal this caller worldly and our erstwhile requests and instrumentality enactment present against the Onecoin organized transgression pack successful Bulgaria and the erstwhile Chief Prosecutor Geshev who we impeach of deliberate nonfeasance. And successful peculiar prehend the assets of the OneCoin pack for the payment and restitution of victims,” Levy wrote to the Bulgarian Justice Ministry.

Launched successful 2014 arsenic a multi-level selling (MLM) web based connected a non-existent cryptocurrency, Onecoin is believed to person defrauded much than 3 cardinal investors globally of implicit $4 billion. Its mastermind, Bulgarian-born German nationalist Ruja Ignatova, was past seen connected Oct. 25, 2017, astatine the airdrome successful Athens, and is inactive wanted by Interpol, Europol, and the U.S. Federal Bureau of Investigation (FBI).

According to South Africa’s Daily Maverick newspaper, Kamenov whitethorn person had accusation astir her. The work besides revealed that astir 2018, Ignatova’s member and Onecoin co-founder, Konstantin, posted photos connected his Instagram showing helium had visited Cape Town. He was arrested successful Los Angeles the pursuing twelvemonth and pleaded blameworthy to Onecoin-related charges portion seeking witnesser extortion successful the United States. Ruja’s concern partner, U.K. and Swedish nationalist Sebastian Greenwood, besides pleaded guilty successful December 2022.

Do you deliberation investigators volition get to the bottommost of the Onecoin case? Share your thoughts connected the taxable successful the comments conception below.