Alleged Forsage co-founder extradited from Thailand, pleads not guilty in $340 million Ponzi case
Summary
Olena Oblamska, a Ukrainian national accused of co-founding the Forsage cryptocurrency investment platform, was extradited from Thailand to the U.S. and has pleaded not guilty to conspiracy to commit wire fraud. The federal case involves an alleged $340 million Ponzi scheme, where prosecutors claim Forsage used smart contracts to route investor funds to earlier participants while siphoning money for the founders. Oblamska remains detained pending a trial set for July 14, while her three co-defendants remain at large.
(Source:The Block)