Kate Winslet to act in Hollywood flick showing $4 billion Ethereum scam OneCoin

Kate Winslet is scheduled to star in an upcoming Hollywood movie chronicling the rise and fall of OneCoin, a notorious Ethereum-based Ponzi scheme that raked in $4 billion from victims worldwide.

Called "Fake!," the movie based on the book by Jen McAdam with Douglas Thompson, based on the true-life story of Jen McAdam and her involvement with the OneCoin Ponzi scheme.

McAdam, a victim of OneCoin's Ponzi scheme, founded a support group for those affected.

Helming the direction is Scott Z. Burns, who earlier shot the 2019 political drama The Report, a movie about Senate staffer Daniel J. Jones and his investigation into the CIA's post 9/11 Detention and Interrogation Program.

The movie will be the second team-up for Burns and Winslet.

In 2011, the former wrote Contagion, a movie on a pandemic that grips Earth, in which Winslet starred.

For the uninitiated, the infamous OneCoin crypto scam was perpetrated by one Bulgarian individual Ruja Ignatova, along with Sebastian Greenwood.

Most of OneCoin's leaders have now disappeared or been arrested, but Ignatova is still at large.

The movie is among the first crypto-centric entertainment forms featuring one of the biggest ever Hollywood stars.

Similar other flicks were "Crypto," a 2019 movie starring Liam Hemsworth revolving around money laundering via cryptocurrencies.