Forsage Founders Indicted in $340M Defi Crypto Scheme, DOJ Says

Four founders of Forsage have been indicted for their roles in a global ponzi and pyramid scheme that raised approximately $340 million from investors, according to the Justice Department.

• Vladimir Okhotnikov, aka Lado; Olena Oblamska, aka Lola Ferrari; Mikhail Sergeev, aka Mike Mooney, aka Gleb, aka Gleb Million; and Sergey Maslakov, all Russian nationals, were indicted
• NOTE: SEC Sues 11 Individuals in $300m Crypto Pyramid Scheme

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Lauren Dezenski in Washington at ldezenski@bloomberg.net

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Megan Howard at mhoward70@bloomberg.net

Michael Bruning

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