OneCoin @ BehindMLM

In a series of social media posts, Konstantin Ignatov has claimed OneCoin was “the biggest mistake of [his] life”. Ignatov also shared a snapshot at an airport, suggesting he’s either been deported or is voluntarily leaving the US.

Konstantin Ignatov has received time served for his role in OneCoin. As reported by Matt Lee of Inner City Press, Ignatov will also be subject to two years supervised release and $118,000 in forfeiture.

OneCoin money launderer Mark Scott, 55, has been sentenced to ten years in prison.

New Zealand authorities have seized a house and $462,000 in cash. The assets are believed to belong to OneCoin fugitive Frank Schneider.

Some top earners at least pretend to be remorseful about the millions they stole through OneCoin. Then there’s Kari Wahlroos, who in an upcoming documentary tells OneCoin victims to “kiss my ass”. Wahlroos, a Finnish national who describes himself as “one of the grandmaster orchestrators” of OneCoin, is set to feature in “OneCoin – The [Continue reading…]

A German court has sentenced OneCoin promoter and money launderer Frank Ricketts to five years in prison. As tweeted by Johan von Mirbach, producer of the CryptoQueen docu series, Ricketts’ wife Manon Hubenthal received four years. Disgraced attorney Martin Breidenbach, who assisted Ricketts and Hubenthal with laundering OneCoin Ponzi funds, was sentenced to two years [Continue reading…]

Bulgarian authorities have dropped an investigation into Nexo. Nexo was a non-MLM crypto Ponzi pitching passive returns of up to 10% annually. Despite not being registered to offer securities in Bulgaria and thus operating illegally, in closing their investigation the Prosecutor’s Office claimed they found

OneCoin’s Irina Dilkinska has consented to a $111,440,000 monetary judgment. The judgment follows Dilkinska’s guilty plea last month.

A UK court has refused extradition of Christopher Hamilton to the US. Hamilton was indicted back in 2019. He stands accused of laundering over $100 million in stolen OneCoin Ponzi funds.

OneCoin executive Irina Dilkinska has pled guilty to wire fraud and money laundering. Following an original not guilty plea, entered after her extradition from Bulgaria in March 2023, Dilkinska pled guilty to charges in a November 9th superseding indictment.