Former CEO Konstantin Ignatov has been dismissed from the OneCoin class-action lawsuit.

The conditions of Ignatov (right) being dismissed from the case will see him

make himself available to Plaintiff’s lawyers and provide them with information relevant to their claims; and

agree to testify if called upon at trial.

The DOJ are able to sit in on any information debriefing between Ignatov and Plaintiff’s lawyers if they wish.

The stipulated dismissal also clarifies that

no compensation or payment to Plaintiffs or Plaintiffs’ counsel, other than the cooperation provided for herein, has been discussed, negotiated, or agreed.

The class-action continues against remaining defendants OneCoin LTD, Ruja Ignatova, Sebastian Greenwood, Mark Scott, Irina Dilinska, David Pike and Nicole Huesmann.

Update 28th August 2020 – 
The stipulated agreement was accepted by the court on August 20th.

🤖 Quick Answer

What were the conditions for Konstantin Ignatov's dismissal from the OneCoin class-action lawsuit?

Ignatov's dismissal required him to make himself available to plaintiff lawyers, provide relevant information supporting their claims, and testify if called at trial. The Department of Justice retained the right to attend information debriefing sessions between Ignatov and plaintiff counsel.

Who remains as defendants in the ongoing OneCoin class-action case?

The class-action continues against OneCoin LTD and seven individuals: Ruja Ignatova, Sebastian Greenwood, Mark Scott, Irina Dilinska, David Pike, and Nicole Huesmann. These defendants face the lawsuit following Konstantin Ignatov's dismissal from the proceedings.

Did Konstantin Ignatov receive compensation for his cooperation in the OneCoin lawsuit?

No compensation or payment to plaintiffs

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