Beware of OneCoin – Review Part 9

Plaintiffs Donald Berdeaux and Christine have asked for the OneCoin class-action case to be dropped on their own.

In a motion that was filed on October 8, Berdeaux and Grablis explain;

After all claims against Defendants Scott, Pike, Huesmann, and Bank of New York Mellon were thrown out, the only people left as defendants were Defendants OneCoin Ltd., Ruja Ignatova, Sebastian Greenwood, and Gilbert Armenta. None of these people had much to do with this lawsuit, and they have all been in default.

Based on what we know and believe, Defendant OneCoin Ltd. is no longer in business and has no assets that can be seized. Defendant Ignatova is currently unknown, and Defendants Greenwood and Armenta are in federal custody waiting for their trials. They are expected to get long prison sentences for their roles in running and promoting OneCoin.

The plaintiffs have decided that the dismissal of Mark Scott, David Pike, Nicole Huesmann, and the Bank of New York Mellon Corporation from this Action has made this litigation impossible and a waste of court resources. This is mostly because the remaining defendants all seem to be essentially judgment-proof, meaning that it will be very hard or impossible to successfully enforce a judgment against any of the remaining defendants. After all, they don’t have enough money to pay.

In the motion, it is made clear that no money has been taken in for legal fees.

At the time of publication, a decision had not yet been made on the motion.

Update: October 13, 2021: On October 8, the court let the case be dropped voluntarily.

This is the last time that BehindMLM will talk about the OneCoin New York class action.

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