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

Cardano Price Bounces From Key Support Level, But There’s Still A Risk To Crash To $0.85
Este artículo también está disponible en español. Positive price action in the past 24 hours has seen Cardano (ADA)rebounding upwards alongside the rest of the crypto mar
Renault Inks Partnership With The Sandbox to Bring Automotive Experiences to the Metaverse
Renault Inks Partnership With The Sandbox to Bring Automotive Experiences to the Metaverse The Korean subsidiary of Renault, a historic brand in the automotive industry, is establi
LBank Exchange Will List ADENE (ADEN) on January 27, 2022
LBank Exchange Will List ADENE (ADEN) on January 27, 2022 press release PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 25 2022 – LBank Exchange, a global digital asset trading pla
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
Regulatory Roundup: Trump"s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash In this roundup, we cover numerous cryptocurrency regulatory developments in the U.
Price analysis 7/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Rakesh Upadhyay6 hours agoPrice analysis 7/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIBBitcoin bulls are trying to protect the $65,500 level, but if they fail, a drop to $62,000 is possible.2202 Total views3 T
JPEX Announces Partnership Extension with Western Sydney Wanderers
JPEX Announces Partnership Extension with Western Sydney Wanderers press release PRESS RELEASE.JPEX, a licensed digital bank designed to enable the buying and selling of virtual and
What is Toncoin (TON), and how to buy it?
Dilip Kumar PatairyaJun 22, 2024What is Toncoin (TON), and how to buy it?Toincoin is a cryptocurrency that uses advanced blockchain technology to ensure efficiency and anonymity while enabling quick, safe transactions.19
Grayscale Investments Plans European Expansion
Grayscale Investments Plans European Expansion Grayscale Investments, the world’s largest digital asset manager, is expanding into Europe. “We’re going to be v
Tristan Greene6 hours agoElon Musk trials $1 subscription signup fee for new X users in New Zealand, PhilippinesThe social media platform’s owner seems on the cusp of turning X into a fully subscription-based app.970 T
US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP
US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP U.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major
Nationwide Lockdown: Indian Cryptocurrency Exchanges See Signups and Trade Volumes Increase
Nationwide Lockdown: Indian Cryptocurrency Exchanges See Signups and Trade Volumes Increase India is currently under a nationwide lockdown due to the coronavirus outbreak. News.B
Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform
Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform The mobile software, cloud-based services, and business intelligence (BI) firm Microstrateg