RATE Group | Onecoin Lawsuit Continues: Judge Lifts Stay Order, Investigators Search for ‘Crypto Quee…
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Onecoin Lawsuit Continues: Judge Lifts Stay Order, Investigators Search for ‘Crypto Quee…

Onecoin Lawsuit Continues: Judge Lifts Stay Order, Investigators Search for ‘Crypto Quee…

In mid-April, news.Bitcoin.com reported on the unsealed indictment tied to the Onecoin cofounder Sebastian Greenwood. At the same time, U.S. Judge Valerie Caproni had placed a stay order on the case against Greenwood, Konstantin Ignatov, Mark Scott and David Pike. Now Judge Caproni has lifted the stay and the court case against the defendants can proceed.

Onecoin Lawsuit in New York Continues – Stay Order Lifted

Court filings show that Judge Valerie Caproni has lifted the stay order, that temporarily suspended the case against the defendants Sebastian Greenwood, Konstantin Ignatov, David Pike and Mark Scott. According to court documents, Pike is being charged for bank fraud tethered to the Onecoin Ponzi’s operations. Documents also detail that the former attorney Scott is accused of laundering $400 million for Onecoin and the founder Ruja Ignatova, otherwise known as the ‘crypto queen.’ Ignatova remains at large but Scott, Pike, Greenwood, and the crypto queen’s brother…

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