On March 8, the Department of Justice and the U.S. Attorney’s Office Southern District of New York (SDNY) announced that officials have indicted two of the top leaders of the notorious Onecoin project. The prosecutors charged Onecoin cofounders Konstantin Ignatov and Ruja Ignatova with a slew of charges in connection with defrauding investors. Konstantin Ignatov was also arrested in Los Angeles and appeared before a judge in California.

Also read: ‘Bitcoin Killer’ Onecoin Is Ashes But Investigations Continue to This Day

US Prosecutors Charge Onecoin Leaders With Money Laundering and Securities Fraud

This week U.S. prosecutors have indicted the leaders of the infamous Onecoin project: Konstantin Ignatov and Ruja Ignatova. The duo started the project back in 2014 and enlisted a group of others to help spread the Ponzi scheme. Just recently news.Bitcoin.com shared an update update on the Onecoin project and how law enforcement from a variety of countries has been investigating this case. Furthermore, Ruja Ignatova had gone…

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Source: https://thebitcoinnews.com/onecoin-leaders-indicted-in-the-u-s-for-operating-fraudulent-pyramid-scheme/