[Authorities in Guernsey Seize $11.4 Million in Assets Linked to OneCoin Fraud Case] According to Decrypt, authorities in the British Crown Dependency of Guernsey have approved the confiscation of $11.4 million (£9 million) in assets related to the OneCoin fraud case under its Proceeds of Crime Law, following a request from authorities in Bielefeld, Germany. The funds were held in an account at RBS International Bank in Guernsey. The seized assets represent only about 0.2% of the total losses from OneCoin, highlighting the significant challenges in fully recovering assets in cryptocurrency fraud cases.