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The UK investigates lawyers involved in the OneCoin scandal
The case involving the OneCoin scandal in London is attracting attention as lawyer Claire Gill, who previously represented the project, is accused of professional misconduct. The Solicitors Regulation Authority of England states that Gill sent a defamation lawsuit threat letter to Jennifer McAdam in 2017, despite signs of fraud associated with OneCoin at that time. McAdam is a beneficiary who lost inheritance money due to the project and has spoken out to warn the community.
OneCoin subsequently collapsed, founder Ruja Ignatova disappeared and was wanted by the US for embezzling billions of USD. The defense argues that Gill was merely following client instructions and no lawsuit was ever filed.
The case occurs amid the UK tightening “legal terrorism” practices to silence critics. If found guilty, Gill could face heavy fines or be disbarred. The case highlights the debate over the ethical boundaries of lawyers when defending clients suspected of fraud.