Forsage co-founder Olena Oblamska has been extradited to the United States and has pleaded not guilty to charges of conspiracy to commit $340 million in telecommunications fraud
Svmuu News: Olena Oblamska appeared in U.S. federal court and pleaded not guilty to charges of conspiracy to commit wire fraud. The U.S. Department of Justice stated that Olena Oblamska is accused of participating in the operation of the cryptocurrency investment platform Forsage and was extradited from Thailand to the United States last week. Prosecutors allege that Forsage operated under the guise of an investment project based on Ethereum blockchain smart contracts, but in reality constituted a Ponzi and pyramid investment scheme involving approximately $340 million. Olena Oblamska is currently being held in custody pending trial, with the jury trial scheduled to begin on July 14, 2026. If convicted, she faces up to 20 years in federal prison. (The Block)
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