OneCoin victims get a $40 million lifeline more than a decade after the scam began
Burns Brief
The Department of Justice said it has $40 million in seized assets for victim compensation and it will continue working to seize further criminal proceeds for the defrauded investors The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The Department of Justice said it has $40 million in seized assets for victim compensation and it will continue working to seize further criminal proceeds for the defrauded investors
Key Takeaways
- The Department of Justice said it has $40 million in seized assets for victim compensation and it will continue working to seize further criminal proceeds for the defrauded investors