Thursday, February 20, 2025

Forsage Founders Indicted in $340M DeFi Crypto Scheme

Must Read

Share

Loading

A federal grand jury in the District of Oregon returned an indictment today charging four founders of Forsage, a purportedly decentralized finance (DeFi) cryptocurrency investment platform, for their roles in a global Ponzi and pyramid scheme that raised approximately $340 million from victim-investors.
According to court documents, Vladimir Okhotnikov, aka Lado; Olena Oblamska, aka Lola Ferrari; Mikhail Sergeev, aka Mike Mooney, aka Gleb, aka Gleb Million; and Sergey Maslakov, all Russian nationals, allegedly touted Forsage as a decentralized matrix project based on network marketing and “smart contracts,” which are self-executing contracts on the blockchain. Forsage Founders Indicted in $340M DeFi Crypto Scheme

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Indian metal stocks fall as Trump threatens new tariffs

Mumbai- Shares of domestic metal companies on Monday declined sharply after the US President Donald Trump announced to impose...

More Articles Like This