Forsage co-founder extradited to the US, denies wire fraud charges
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The U.S. Department of Justice stated that Olena Oblamska, a Ukrainian co-founder of Forsage, was extradited from Thailand to the United States last week and appeared in federal court in Oregon, where she pleaded not guilty to charges of "conspiracy to commit wire fraud." Prosecutors allege that Forsage operated a Ponzi scheme under the guise of an Ethereum blockchain "smart contract" project, involving approximately $340 million. The jury trial is expected to begin on July 14, 2026. If convicted, she faces up to 20 years in federal prison.
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