OneCoin @ BehindMLM

Luca Miatton is one of the ringleaders still promoting OneCoin in Italy. On April 25th, Miatton held a Facebook live in which he presented a Soldo OneLife branded Mastercard. As per their website, Soldo provide 60,000+ companies with prepaid Mastercards. The cards are supposed to be given to company employees to manage “spending and expenses”. [Continue reading…]

After using CloudFlare for years, the reverse-proxy provider started showing phishing scam warnings for OneCoin back in January. As reported by BehindMLM readers, affected websites include OneCoin’s own, OneLife and DealShaker. Not all jurisdictions were affected, but it was widespread enough to hinder recruitment efforts.

Plaintiffs in the OneCoin class-action have been given until April 16th to explain why their case shouldn’t be dismissed.

The mystery of OneCoin co-founder Sebastian Greenwood’s post-extradition disappearance is over. On April 6th Greenwood’s 2018 indictment was unsealed, giving us all the juicy details.

In March 2017 OneCoin commissioned a second legal opinion from the UK law firm Hogan Lovells. The document we’ve obtained is dated March 30th and was put together by Roger Tym and Oliver Irons. It is marked “draft” and addressed to Ruja Ignatova, Irina Dilkinska and Gary Gilford, of One Network Services Limited.

Via a letter addressed to the court, David Pike’s attorneys have confirmed the OneCoin money launderer intends to plead guilty.

As part of an ongoing investigation, prosecutors in Tanzania have moved to recover $6.9 million in stolen OneCoin investor funds.

OneCoin money launderer Mark Scott has been released from prison. The decision was made on the basis of Scott’s current medical condition and concerns over the coronavirus pandemic.

In his witness testimony at Mark Scott’s trial, Konstantin Ignatov claimed OneCoin took in over $2 billion. In January 2019, US authorities pegged OneCoin losses at over $4 billion. That money had to go somewhere. Today we examine exactly how Mark Scott shuffled hundreds of millions of euros for OneCoin’s owner, Ruja Ignatova.

Over the weekend OneCoin’s Konstantin Ignatov was released from prison. Conversely but for an unrelated reason, Mark Scott returned to prison. I was hoping we’d get a case docket update today but doesn’t look like that’s going to happen.