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 <p class="is-style-lead">Mark Scott, associated with the $4 billion OneCoin fraud as the chief legal officer, is set to be <a rel="dofollow" title="sentenced" href="https://thebittimes.com/tag/sentenced.html">sentenced</a> while U.S. District Judge Edgardo Ramos denied his request for <a rel="dofollow" title="trial" href="https://thebittimes.com/tag/trial.html">trial</a>.</p> 
 <p>Scott was found guilty of laundering roughly $400 million in 2019. In addition, he made $50 million from the pyramid scheme created by the so-called Crypto Queen Ruja Ignatova, who is also on the FBI’s Ten Most Wanted list.</p> 
 <p>However, according to Bloomberg, Scott claimed he wasn’t aware that OneCoin was a fraud. His <a rel="dofollow" title="lawyer" href="https://thebittimes.com/tag/lawyer.html">lawyer</a>, Arlo Devlin-Brown, added that an appeal for the judge’s ruling should be expected. Devlin-Brown wrote in an email that Konstantin Ignatov, Crypto Queen’s brother, perjured himself on the witness stand.</p> 
 <div class="cn-block-related-link"> 
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Who is Crypto Queen, the only woman on FBI’s most wanted list 
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 <p>The Bloomberg report also revealed that Scott used the funds he made from the pyramid scheme to buy luxuries, including a yacht, homes in Cape Cod and Massachusetts, cars, and watches.&nbsp;</p> 
 <p>The chief legal officer of OneCoin was extradited to the United States in March on fraud and money laundering charges.</p> 
 <p>While the U.S. District Judge believes that Ignatov perjured himself on “some things,” he still denied Scott’s request for a new <a rel="dofollow" title="trial" href="https://thebittimes.com/tag/trial.html">trial</a>. This paves the way for the Crypto Queen <a rel="dofollow" title="lawyer" href="https://thebittimes.com/tag/lawyer.html">lawyer</a> to be <a rel="dofollow" title="sentenced" href="https://thebittimes.com/tag/sentenced.html">sentenced</a> despite the legal blunders.</p> 
 <p>Last week, Ramos sentenced OneCoin co-founder Karl Sebastian Greenwood to 20 years in jail for operating a phony investment. Greenwood pleaded guilty in December 2022 to defrauding investors and money laundering.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> OneCoin co-founder Karl Greenwood sentenced to 20 years in prison&nbsp; 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/crypto-queen-s-lawyer-to-be-sentenced-without-new-trial-tbt63204.html">https://thebittimes.com/crypto-queen-s-lawyer-to-be-sentenced-without-new-trial-tbt63204.html</a></p>

Crypto Queen’s lawyer to be sentenced without new trial

TheBitTimes

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