OneCoin update: Ruja Ignatova and associate default on $4B fraud suit
OneCoin’s fugitive founder Ruja Ignatova and financier Gilbert Armenta were found by a judge to be in default of the case, after failing to respond to official requests.
Latest OneCoin News
OneCoin marketing chief in plea talks with US prosecutors
Karl Sebastian Greenwood faces charges of money laundering and securities fraud, in connection with his alleged role in the cryptocurrency scam.
OneCoin trial sentencing deferred 6 months for ‘cooperation’
Konstantin Ignatova had been due for sentencing on July 8, which at the time was extended for a period of a further four months.
OneCoin lawyer Mark Scott disbarred in New York
Mark Scott’s disbarment follows his conviction of conspiracy to commit bank fraud in November 2019.
Bank of New York Mellon accused of aiding $4B OneCoin scam
OneCoin investors accused BNY Mellon of processing several transactions for Mark Scott, the lawyer alleged to have led the money laundering efforts for the scam.
DOJ seeks $393M in forfeiture from OneCoin lawyer Mark Scott
In a letter to the New York Southern District Court, prosecutors sought to forfeit some of Scott’s bank accounts as well as specific properties and assets.
Australian horse racing company’s alleged OneCoin ties sparks probe
Amer Abdulaziz Salman was named as one of those who benefitted from the $4 billion OneCoin digital currency scam.
OneCoin ringleader US sentencing pushed back
Konstantin Ignatov is facing a maximum prison sentence of 90 years, but the court deferred sentencing without imposing a future date.
OneCoin promoter fined $72,000 in Singapore
A Singaporean man has been fined close to $72,000 for his role in promoting multi-billion OneCoin scam. His efforts led to the recruitment of over 1,000 people.
OneCoin lawyer Mark Scott fights back, argues insufficient evidence
Mark Scott argues that the government has failed to prove that he was involved in bank fraud, instead pointing the blame to his accomplice Gilbert Armenta.
OneCoin lawyer Mark Scott sentencing pushed to July
Mark Scott, the lawyer accused of having laundered hundreds of millions of dollars for the OneCoin scam, will be sentenced in July for medical reasons.
OneCoin plaintiff urges judge not to dismiss case after procedural errors
The plaintiff Donald Berdeaux missed two consecutive deadlines for reporting to the court, risking the $4 billion lawsuit being thrown out.