Forsage founders indicted over $340M DeFi ‘Ponzi plan’

Forsage founders indicted over $340M DeFi ‘Ponzi design’

The founders at the encourage of the alleged $340 million “global Ponzi” design Forsage had been indicted by a federal grand jury within the District of Oregon.

The four Russian founders — Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov — had been formally accused of having key roles within the design which raised approximately $340 million from victim-investors, per a Feb. 22 Department of Justice (DOJ) assertion.

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