Lawsuits

Update 3 November 2019: four OneCoin related lawsuits have been filed, below table contains a summary of the most important data.

Note: the Case Dockets of the criminal cases in the Court Listener RECAP Archive are not strictly separated, there are a number of redundancies and documents are filed in the wrong docket.

Type Case No/Parties Case Summary Case Dockets in
RECAP Archive
Criminal 1:17-cr-00630-ER-1
United States v. Mark S. Scott
On Monday 4 November 2019 09:00 AM New York time (14:00 GMT) Scott’s Trial by Jury before Judge Edgardo Ramos will start with the selection of Jurors. The Trial will take two to three weeks.

Matthew Russell Lee of Inner City Press has arranged to live tweet the proceedings via Twitter @InnerCityPress.

Pending Counts
18:1956-4999.F MONEY LAUNDERING – FRAUD, OTHER (CONSPIRACY) (1) / (1ss)
18:1956-4999.F CONSPIRACY TO COMMIT MONEY LAUNDERING (1s)
18:1349.F CONSPIRACY TO COMMIT BANK FRAUD (2s)
18:1349.F ATTEMPT AND CONSPIRACY TO COMMIT BANK FRAUD (2ss)

US v. Scott
Criminal 1:17-cr-00630-ER-2
United States v. Ruja Ignatova
aka Cryptoqueen
No Dealines or Hearings have been announced as Ruja Ignatova is at large.

Pending Counts
18:1349.F ATTEMPT AND CONSPIRACY TO COMMIT WIRE FRAUD (1) / (1s)
18:1343.F FRAUD BY WIRE, RADIO, OR TELEVISION (2) / (2s)
18:1956-4999.F MONEY LAUNDERING – FRAUD, OTHER (CONSPIRACY) (3) / (3s)
18:371.F CONSPIRACY TO COMMIT SECURITIES FRAUD (4s)
15:78J.F MANIPULATIVE AND DECEPTIVE DEVICES (SECURITIES FRAUD) (5s)

US v. Ignatova
Criminal 1:17-cr-00630-ER-3
United States v. Konstantin Ignatov
On Thursday 7 November 15:30 New York time (20:30 GMT) a Pre-Trial Conference is planned before Judge Edgardo Ramos.

Pending Counts
18:1349.F ATTEMPT AND CONSPIRACY TO COMMIT WIRE FRAUD

US v. Ignatov
Civil 1:19-cv-04074
Berdeaux/Grablis v. OneCoin Ltd

Defendants:
OneCoin Ltd.
Ruja Ignatova
Sebastian Greenwood
Konstantin Ignatov
Mark S. Scott
Irina Andreeva Dilkinska
David Pike
Nicole J. Huesmann

On 23 August 23 2019 Judge Valerie Elaine Caproni stayed all proceedings until all Defendants have been served.

In the First Amended Class Action Complaint, Lead Plaintiff Donald Berdeaux and plaintiff Christine Grablis allege claims under the federal securities laws and common law against key operators of OneCoin Ltd and certain of their enabling co-conspirators arising from a massive fraud perpetrated on millions of individual investors throughout the world causing injuries in excess of $4 billion through a densely-packed multi-level-marketing system.

This is a class action on behalf of a class of investors consisting of all individuals and entities who transferred to the OneCoin Defendants, directly or indirectly, any fiat currency or cryptocurrency to invest in a OneCoin trader/membership package and/or a purported digital cryptocurrency called “OneCoin” and who suffered financial injury as a result thereof. Upon information and belief, the financial harm caused by the fraudulent OneCoin Investment Programs exceeds four billion dollars ($4,000,000,000.00).

Plaintiffs, on behalf of themselves and all similarly situated individuals and entities that participated in the OneCoin Investment Programs, seek compensatory, exemplary, punitive, injunctive, and rescissory relief, providing rescission and repayment of all investments paid, directly or indirectly, to the OneCoin Defendants and the Scott Group, and securing and conserving such funds until repayment.

Berdeaux/Grablis v. OneCoin Ltd