This is evidenced by the documents of the American regulator.
One of the oldest banks in America – Bank of New York Mellon (BNY Mellon) – is involved in the transfer of funds from the organizers of the largest cryptocurrency pyramid (Ponzi scheme) OneCoin. This is evidenced by the data of documents that leaked from the Financial Crimes Enforcement Network (FinCEN), reports CoinDesk.
According to media reports, BNY Mellon is involved in transactions related to OneCoin in the amount of $ 137 million. Transfers were recorded in 2015-2016. Subsequently, it turned out that they are closely related to addresses that are related to representatives of the Ponzi scheme. According to the documents, the bank transferred assets to the address of the organizer of OneCoin – the Bulgarian swindler Ruzha Ignatova.
It is known that multilevel schemes were used in the course of transactions, which are used to launder funds obtained illegally. It is noteworthy that the report on transactions was generated by representatives of the financial institution only in 2017.
For the first time information about the pyramid appeared in 2014. The representatives of the Ponzi scheme attracted over $ 4 billion from investors when the project existed. The result made the fraudulent project one of the most successful in the history of the digital asset market. The investigation started in 2017. Searches and other detective work did not bring the expected results. For example, the location of Ruzha Ignatova are still unknown. The woman is on the international wanted list.
Fragment of FinCEN data published by the International Consortium of Investigative Journalism (ICIJ)
Recall that BNY Mellon is one of the partners of the Bakkt crypto platform. The financial institution controls access to the site’s private keys. The bank’s specialists also ensured the safety of Telegram funds received by the company after the ICO.