Bank of New York handles $ 137 million transactions from OneCoin pyramid

The Bank of New York handled transactions related to the OneCoin cryptocurrency pyramid for more than $137 million.more than 3 million people were affected, and the damage is estimated between 4 and 15 billion euros.

One of the oldest banks in America Bank of New YorkMellon in 2017 notified the US Financial Intelligence Agency (FinCEN) of more than $ 137 million of suspicious transactions related to one of the largest cryptocurrency pyramids, OneCoin. This is stated in the materials published by the international investigative project of journalists "Kassandra" on the basis of documents of banking services for risk assessment.

According to the report, Bank of NewYork seemed suspicious of 29 transactions carried out in 2015-16, the parties to which were 13 banks and companies associated with OneCoin, during which $ 137.6 million was carried out. The bank believed that this was a multi-tier scheme in which the source of funds was hidden by conducting transactions through shell companies. The report itself was sent in February 2017.

The OneCoin pyramid was organized in 2014Ruzha Ignatova, originally from Bulgaria. In less than 3 years, the cryptocurrency project attracted more than 3 million people, who, according to the FBI, invested about 4 billion euros in it. According to other sources, the amount of damage could reach 15 billion euros. According to a report by the US Department of Justice, Ignatova and other OneCoin participants are accused of creating a multi-billion dollar pyramid to sell fraudulent cryptocurrency.

According to documents published by journalists,other banks have also reported suspicious transactions such as HSBC, JPMorgan Chase, Commerzbank, Bank of New York Mellon, Standard Chartered and others. Against the background of the publication of this information, the quotes of banks' shares fell by 3-5%, which negatively affected the stock indices and the cryptocurrency market.

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