News Ruja Ignatova aka CryptoQueen had paid $50 million to...

Ruja Ignatova aka CryptoQueen had paid $50 million to Launder Funds from OneCoin

-

- Advertisment -

Lawyer Mark S. Scott has been accused of being allegedly paid $50 million by the co-founder of OneCoin and current fugitive Ruja Ignatova also known as “Cryptoqueen” to help him launder $400 million.

Law 360 reported on November 20 that Mr. Scott’s prosecution is being taken by the Manhattan US attorney’s office and the New York County district attorney’s office. OneCoin is believed to have made a scam of $4.4 billion and is among the crypto industry’s most infamous exit scams. But due to the allegations of the investigators’, the firm is still operational till this date. The investigators’ suggest that OneCoin raised $4.4 billion through a Ponzi scheme.

Mark Scott has been accused by the US prosecutors for managing a wide network of fake companies, offshore bank accounts and fraudulent investment schemes to launder more than $400 million in ill-funds. As per the prosecutor Julieta Lozano, Mr. Scott was paid with three multimillion dollar homes in Cape Cod, Massachusetts with some luxury cars including three Porsches and a Ferrari and a nice luxurious 57-foot Yacht.

From the side of Scott and his defense lawyer, they maintains that he had no knowledge that OneCoin was a scam, although Prosecutor Nicholas Folly said that the evidence against scott was strong and obvious

Sangeet Sigdelhttps://altcoin.media
Sangeet is a freelance blogger who writes on blockchain related topics in different media platforms and he have been involved with crypto trading for last 5 years. Even though he have completed his Bachelor degree in Hotel Mangement and had worked at different management post in Hospitality sector, his passion for blockchain and cryptocurrencies has never died. He is also one of our full time Staff Writer.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

2 × 2 =

- Advertisement -

Latest news

Find out is xrp still a good investment and its risks.

Xrp is an important part of the digital currency industry that is complemented with the use of...

80,000 ETH (11 million USD) transferred from Coinone Exchange to unknown wallet

According to latest tweet from the "Whale Alert", live tracker for cryptocurrency transactions on Twitter, someone took...

CEO of Twitter Jack Dorsey’s Undisclosed Plan To Make Africa A Bitcoin Hub

While leaving Africa on Wednesday Jack tweeted "Sad to be leaving the continent…for now. Africa will...

Have a mining rig? Crack wallet with 100 BTC for 15 BTC.

Many people used to have bitcoin wallet installed in their computer back in 2010 and might have...
- Advertisement -

You might also likeRELATED
Recommended to you

Do NOT follow this link or you will be banned from the site!