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OneCoin Co-Scammer Extradited To the US

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OneCoin Co-Scammer Extradited To the US
OneCoin Co-Scammer Extradited To the US

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A OneCoin crypto scam team member, and Bulgarian native, Irina Dilkinska, was arrested and charged with fraudulent activities. According to the Department of Justice, she was extradited to the United States to face these charges. 

Most OneCoin executives face prosecution or hiding as the Department of Justice seeks to unravel this catastrophic event.

OneCoin The Investors’ Nightmare

Ruja “The Crypto Queen’ Ignatova and Sebastian Greenwood are the founders of the OneCoin Ponzi scheme. It operated on a pyramid scheme model that paid early investors to the detriment of new members.

The company did not operate on any blockchain but successfully conned investors into believing they were genuine. Prosecutors believe the con men realized approximately $4 billion from their endeavors.

Ignatova disappeared in 2017 after prosecutors filed a secret U.S. warrant for her arrest following OneCoin’s collapse. Most of the other executives were arrested or are still at large. Sebastian Greenwood, the co-founder of the Ponzi scheme, was arrested last year and pled guilty to the charges. Also, Frank Schneider, a OneCoin affiliate, was convicted alongside Sebastian in December 2022.

Ruja Ignatova is still at large and is now on the Federal Bureau of Investigation’s Top Ten Most Wanted List. Despite her evasiveness, more executives are facing the law, with Irina Dilkinska’s case being the latest development.

According to reports in February 2023, Ignatova was killed by a Bulgarian mobster in 2018. However, there is no proof; her name appeared on recent property filings. The Department of Justice is still seeking answers and is determined to uncover Ignatova’s location. 

The trial and prosecution of other OneCoin top executives indicate that investigations are still ongoing on this event.

Dilkinska To Face Multiple Charges 

The U.S. Department of Justice announced Dilkinska’s extradition on March 20, and she will appear before a U.S. magistrate shortly. She served as OneCoin’s head of Legal and Compliance. However, according to the charges, she created shell companies to launder OneCoin’s money and manage property for Ruja Ignatova.

This makes her one of the chief accomplices in the ongoing investigation. Also, Dilinska laundered an additional $400 million in proceeds for Mark Scott, OneCoin’s lawyer. After Scott’s arrest, she destroyed sensitive information traceable to her and notified someone else of the arrest, which implicated her.

Her current charges are a one-count conspiracy charge to commit wire fraud and a one-count money laundering charge. Each of these charges attracts a maximum sentence of 20 years behind bars. However, Dilkinska is yet to stand trial.

Damian Williams, U.S. Attorney for the Southern District of New York, states that Dilinska went against her job title. Williams stated that she was supposed to ensure that OneCoin, was on the right side of the law, but she facilitated fraud. 

Interesting Presales That Will Benefit Investors

While avoiding scam attempts altogether is challenging, investors can still avoid fake schemes by following emerging new services and products with great value propositions. 

Here are a few of them to consider.

C+Charge (CCHG)

C+Charge is an environmental-friendly initiative that offers Electric Vehicle (EV) owners an efficient charging solution. Previously, big corporations monopolized the carbon credit industry, and the model seemed disorganized. 

C+Charge offers users access to smart charging solutions powered by blockchain technology. The mobile app can track the locations of the closest charging points and also analyze the health status of the Electric Vehicles. CCHG, the native token, is the currency to pay for recharges. Also, users earn carbon credits as rewards for recharging, convertible to CCHG tokens.

Currently, the CCHG token is on presale for $0.02 per token. CCHG is purchased directly from Metamask wallets on desktops and Trustwallet on mobile devices. Payments are made with ETH, BNB, or USDT for the tokens.

The presale has raised over $3.4 million and is moving to the next stage with an expected price increase of $0.0335. 

Metropoly (METRO)

This blockchain-powered initiative has redefined real estate investment in the modern era. The real estate sector is highly competitive, with institutional players having the upper hand over individual investors. Metropoly introduces the concept of fractional ownership, where the barrier of entry for real estate investment is at a minimum of $100.

The properties on the platform are broken into little pieces and tokenized as NFTs. Fractional ownership gives users rights to properties, reducing risk and exposure. Investors believe in the potential of this project since real estate often appreciates over time. 

METRO, the native token, is currently in its tenth presale stage and worth $0.0714 per token. The presale is 98% complete and will soon conclude before the token lists on exchanges.

Fight Out (FGHT)

Fight Out is a Play-to-Earn (P2E) and Move-to-Earn (M2E) initiative that promotes physical fitness and rewards users. The platform has interactive data and vital statistics to make achieving fitness goals easy.

Sometimes personal training is tedious, and most users lack the motivation to achieve their fitness goals. The Fight Out mobile app makes the best training plans and easily accessible information for users. 

Users can access training videos and fitness plans that monitor daily progress and help to achieve their goals. Fight Out has attracted interest from top combat athletes and plans to set up physical training centers in 20 locations worldwide.

Also, it features captivating game modes such as Player vs. everyone (PVE) and player vs. player (PVP) for a well-rounded experience. Users can create their avatars to compete against other users. Training and real-world accomplishment by users reflect on their chosen characters in the video game.

Fight Out’s basic level is the training ground, where users train accomplishing tasks and increase their stats on the Avatar. Also, users can compete against accomplished athletes and even get to defeat them if their avatars are strong enough. 

FGHT is the token that powers the ecosystem and is currently on presale. The presale has raised above $5.6 million, with each token worth $0.0309.

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