The Missing Cryptoqueen

16. Off the Record

11 snips
Jan 22, 2026
Jen McAdam, a victims’ advocate and former OneCoin investor, shares her harrowing journey in the fight for justice against the OneCoin scam. She reveals her efforts in rallying hundreds of victims to join a class-action lawsuit, facing unexpected legal twists along the way. Jen discusses the challenges with claimants’ inconsistent evidence and the emotional toll of the process. As the hopes for compensation fluctuate, she navigates settlements and the withdrawal of her legal team, culminating in a confidential agreement that brings both relief and uncertainty.
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ANECDOTE

Lawyers, Marble And TV-Style Offices

  • Jen described visiting Mishcon's lavish offices and feeling impressed by the lawyers' professionalism.
  • She contrasted this with earlier threats from lawyers when she exposed the OneCoin scam.
INSIGHT

Weak Evidence Raises Massive Legal Risk

  • The lawsuit attracted hundreds of claimants but many losses were unverified and paperwork was inconsistent.
  • That weak evidential base increased litigation risk and exposed claimants to potential adverse costs.
ADVICE

Scrutinize 'No Win, No Fee' Agreements

  • Read funding and 'no win, no fee' terms carefully because lawyers and funders interpret them differently.
  • Do verify who covers adverse costs and whether after-the-event insurance is in place before joining group litigation.
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