submitted by /u/WineMakerBg
A claim will be brought in the High Court in London on behalf of OneCoin investors who suffered losses as a result of the OneCoin cryptocurrency fraud
It is estimated that the fraudulent scheme – which marketed a fake cryptocurrency and acted as a Ponzi scheme - took in more than $4bn dollars from investors globally
The defendants to the litigation will include, among others, Ruja Ignatova, co-founder of OneCoin
Ignatova, once the public face of OneCoin, has not been seen publicly since October 2017, and her current whereabouts are unknown
Mishcon de Reya LLP has been instructed to bring the claim by Jen McAdams, the well-known UK-based OneCoin victim advocate and author of the book "Devil's Coin"
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