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BNY Mellon seeks more time to respond to OneCoin victims’ complaint
Bank of New York Mellon (BNY Mellon) is seeking more time to respond to allegations in a lawsuit brought by victims of fraudulent cryptocurrency scheme OneCoin. The lawsuit targets OneCoin, as well as a number of individuals and entities associated with the scheme. The list includes, as one might expect, Konstantin Ignatov and “crypto queen” Ruja Ignatova. But the second amended complaint added BNY Mellon to the list of defendants. On October 21, 2020, BNY Mellon addressed the New York Southern District Court, asking for an extension of the deadline to respond to the allegations. The bank says an extension of ... (full story)