Fun

Lawyer for Cryptoqueen’s OneCoin compliance chief asks for time served

News Feed - 2024-03-22 02:03:12

Turner Wright6 hours agoLawyer for Cryptoqueen’s OneCoin compliance chief asks for time servedThe attorney cited Irinia Dilkinska’s role as a “loving wife and mother,” claiming time served was an appropriate sentence for her role in the OneCoin scheme.2395 Total views7 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksAn attorney representing Irinia Dilkinska, who worked as “head of legal and compliance” for OneCoin, requested she be given time served for her role in the crypto scheme.


In a March 20 filing in the United States District Court for the Southern District of New York, John Buza submitted a sentencing memorandum asking a judge for leniency for Dilkinska. In November 2023, the former OneCoin compliance chief pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering.


“I respectfully submits that any sentence more than time-served would be greater that necessary,” said Buza. “Ms. Dilkinska’s unique role in this case, together with the devastating situation she finds herself in all suggest that a sentence of time-served is appropriate.”


Dilkinska pleaded guilty to laundering money for OneCoin under co-founders Karl Sebastian Greenwood and Ruja Ignatova, also known as the “Cryptoqueen.” Founded in 2014, OneCoin was exposed as a fraudulent crypto scheme in 2015, defrauding investors out of roughly $4 billion.


In September 2023, Greenwood was sentenced to 20 years in prison and ordered to pay $300 million in restitution to OneCoin victims. Ignatova remains at large at the time of publication.


Related:"Cryptoqueen" Ruja Ignatova makes FBI"s Ten Most Wanted list


According to the U.S. Justice Department, Dilkinska’s guilty plea could carry a maximum potential sentence of 10 years in prison. Mark Scott, a OneCoin lawyer convicted of conspiracy to commit bank fraud and conspiracy to commit money laundering in November 2019, was sentenced to 10 years in January.


Dilkinska’s legal team submitted letters from friends and family before her sentencing. Buza cited her good behavior while in jail and her role as a “loving wife and mother,” claiming that any sentence above time served “would run the risk of creating a massive injustice.”


In March, Judge Edgardo Ramos handed down a time-served sentence for Konstantin Ignatov — the Cryptoqueen’s brother — after 34 months in prison. He had pleaded guilty to money laundering and fraud charges in 2019.


Magazine:Pink Drainer creator defends his wallet draining crypto scam kit# Law# United States# Court# OneCoin# Crimes# RegulationAdd reactionAdd reactionRead moreDo Kwon’s extradition case may be headed to Montenegro’s Supreme CourtGreens’ push to end German cryptocurrency tax exemption sparks debateFTX victims will ‘never’ be whole thanks to SBF’s ‘dumpster fire’ — John Ray

News Feed

Bank of England Deputy Governor: FTX Collapse Highlights Urgent Need for Tighter Crypto Regulation
Bank of England Deputy Governor: FTX Collapse Highlights Urgent Need for Tighter Crypto Regulation Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe
Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers
Mastercard Debuts Blockchain Surveillance Tool for Banks and Crypto-Centric Card Issuers On Tuesday, the multinational financial services corporation Mastercard revealed that it is
Binance Becomes Main Sponsor of Argentinian Soccer Association
Binance Becomes Main Sponsor of Argentinian Soccer Association Cryptocurrency exchange Binance has signed a partnership agreement with the Argentinian Soccer Association (AFA), one
Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’
Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners "Was Pointless" In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it adde
‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming
"Bitcoin in Cowboy County" — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming According to the bitcoin mining operation and mining rig reseller, Comp
Once unprofitable BTC miners are turning their machines back on — Analyst
Brayden Lindrea6 hours agoOnce unprofitable BTC miners are turning their machines back on — AnalystThese once-unprofitable Bitcoin miners may have contributed to Bitcoin’s 14.7% increase in hash rate since the start
India Asks IMF and FSB for Joint Paper to Help Formulate ‘Comprehensive’ Crypto Policy
India Asks IMF and FSB for Joint Paper to Help Formulate "Comprehensive" Crypto Policy India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to
CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round
CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round9th October 2020, Zug, Switzerland – The non-profit Corion Foundation is pleased to
Tristan Greene6 hours agoResearchers find LLMs like ChatGPT output sensitive data even after it’s been ‘deleted’According to the scientists, there’s no universal method by which data can be deleted from a pretrai
Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App Flipstarter
Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App Flipstarter On February 15, a user on the read.cash blog site announced the development of a new Bitcoin Ca
Bitcoin, Ethereum Technical Analysis: BTC Hits Highest Point Since September
Bitcoin, Ethereum Technical Analysis: BTC Hits Highest Point Since September Bitcoin rose to its highest level since September, as markets prepared for the release of U.S. retail s
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country&#x