OneCoin @ BehindMLM

If you ever wondered what day to day life was like in a $4 billion dollar Ponzi scheme, Konstantin Ignatov’s witness testimony is probably your best bet. BehindMLM reader WhistleBlowerFin has graciously made available transcripts from Scott’s trial late last year. In addition to his pre-trial testimony and live reporting from the Inner City Press, [Continue reading…]

Convicted OneCoin money launderer Mark Scott is facing disbarment. According to a report from the Miami Herald, Scott has been suspended from practicing law as of last Wednesday.

A new entry on Mark Scott’s OneCoin case docket suggests he might be facing new charges.

ePayments Systems is one of the UK’s largest digital payments companies. Well, it was… until the FCA unexpectedly shut it down on February 11th. Along with the shutdown came a freeze order, trapping what is believed to be over £100 million in client funds. Oh, and did I mention there’s an extremely interesting tie to [Continue reading…]

New Zealand’s Commerce Commission has announced it will not proceed with an investigation into OneCoin.

About a week ago we noticed a bond hearing schedule appear on Mark Scott’s OneCoin case docket. What the hearing pertains to or why it was scheduled was not disclosed. We’re still not 100% sure why the hearing has been called, but a recent filing suggests the DOJ is pushing for changes to Scott’s current [Continue reading…]

The transcript of Mark Scott’s October 28th pre-trial conference hearing has been made public. A lot of the eighty-three page transcript is procedural, however there were some interesting tidbits in it. Note that not everything below is new information. What is new is grouped with some of what we already knew, which hopefully still makes [Continue reading…]

It doesn’t take long into a listen of Jamie Bartlett’s BBC documentary, The Missing Cryptoqueen, to realize it isn’t in support of the Ponzi scheme. If you’re a OneCoin die-hard and still promoting the scheme however, there’s a good chance you didn’t listen to it. That leads to hilarious promotional posts like that from Kamran [Continue reading…]

Two developments in Mark Scott’s OneCoin case. One interesting, the other disappointing.

The DOJ has filed David R. Pike’s superseding indictment, detailing four instances of fraud. Last November news of David Pike’s arrest in August 2018 emerged. The DOJ put off filing Pike’s indictment, owing to the possibility of additional charges. Not sure if Pike’s initial indictment was ever filed, but the latest is a February 6th [Continue reading…]