Investor settlement reached on the OneCoin scam

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The OneCoin cryptocurrency scam became notorious with its sheer size – between April 2014 and March 2018 it had attracted over 4 billion USD. Consequently, the victims of the scam sued Konstantin Ignatov, one of the now convicted perpetrators.
A settlement was reached in that lawsuit after Donald Berdeaux and Christine Grablis, who represent all scammed investors, agreed to it because US court judge warned them that the case could be dismissed if they failed to provide details showing the reasons not to abandon a class- action lawsuit.
Constantin Ignatov is currently negotiating with US prosecutors about a plea deal after testifying against an accomplice of his and is still awaiting sentencing.
Source
I wish they had disclosed how large that settlement was. And where are all those billions.


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