Investors in the former Vicat coin initiated collective compensation lawsuit

According to Cointelegraph, Christine Grablis, a former investor in the cryptocurrency OneCoin, is seeking compensation and is in class action on behalf of other investors allegedly deceived by OneCoin. According to a Bloomberg report on May 7, OneCoin founder Ruja Ignatova and his brother were accused of wire fraud, securities fraud and money laundering. It is understood that OneCoin is a Ponzi scheme that uses a multi-level marketing program to promote digital currency.