BNY Mellon has responded to allegations made by victims of fraudulent cryptocurrency scheme OneCoin. The plaintiffs in a lawsuit filed with the New York Southern District Court accuse BNY Mellon of aiding and abetting fraud, as well as of commercial bad faith. On December 21, 2020, BNY Mellon filed a motion to dismiss the claims against it, arguing that the plaintiffs weakly attempt to convert BNY Mellon from a victim of the OneCoin fraud into an aider-and-abettor. Let’s recall that this is a class action on behalf of a class of investors consisting of all individuals and entities who transferred to the OneCoin ... (full story)