Onecoin was one of the first shitcoins to have its chain yanked. The others crashed sometime during the ICO craze or again during the NFT craze. But the story remains the same, when placed under the least bit of scrutiny most never seem to hold up. The stable coins that are backed by USD are rarely backed by USD. The altcoins that back NFTs rarely have are as valuable as they state, even the trading price ends up being a wash amongst friends.
> It's sad that the only reason this case was prosecuted is because the founders were stupid enough to admit to fraud in writing.
A prosecutor worth their salt will never have one damning piece of evidence. They got a warrant to get access to their suspects emails and electronic files based on other evidence sent to a judge.