I just read something crazy about this OneCoin case... Konstantin Ignatov, the brother of the famous Cryptoqueen, was released from prison in March after serving 34 months. U.S. judge Edgardo Ramos decided he had paid enough for his role in this $4 billion giant fraud scheme.



What’s wild is that Ignatov initially worked as his sister Ruja’s personal assistant during the OneCoin boom between 2014 and 2016. Then, when she disappeared in 2017, he outright took over the operation and became the de facto leader of the fraudulent program. And during the trial, Konstantin Ignatov even admitted to lying under oath by saying he threw his computer away in Las Vegas — that’s a heavy lie.

The thing that bothers me is that other key figures received much harsher sentences. Karl Sebastian Greenwood, the co-founder, got 20 years in September, and Mark Scott, an involved lawyer, received 10 years for laundering $400 million. Meanwhile, Ignatov gets out after 34 months with just two years of supervised release and a confiscation of $118,000. At the same time, Ruja Ignatova herself is still on the run since 2017, on the FBI’s ten most wanted list.

It’s still crazy how this scam lasted so long and defrauded so many people. What do you think about this sentence?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin