Former OneCoin Legal Head Receives Four-Year Jail Term for Money Laundering
Irina Dilkinska, previously the head of legal and compliance for the fraudulent OneCoin scheme, has been sentenced to four years in prison.
This decision was made by United States District Judge Edgardo Ramos following Dilkinska’s admission of her involvement in laundering millions of dollars.
In addition to the prison sentence, Dilkinska faces one month of supervised release and is required to forfeit $111 million as part of the restitution.
Despite Dilkinska’s plea to avoid imprisonment and return to Bulgaria to care for her young children, Judge Ramos denied her request. He emphasized Dilkinska’s understanding of the legal ramifications of her actions within the $4 billion Ponzi scheme.
Dilkinska pleaded guilty to wire fraud and money laundering charges in a Manhattan federal court in November. Each charge carries a maximum sentence of up to five years in prison.
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This sentencing adds Dilkinska to the list of OneCoin executives serving time for their roles in the fraudulent scheme. Last year, co-founder Karl Sebastian Greenwood received a 20-year prison sentence and was ordered to pay $300 million in restitution.
OneCoin, founded by “Cryptoqueen” Ruja Ignatova and Greenwood in 2014, promised investors guaranteed returns through a fictitious cryptocurrency. Despite being exposed as a scam in 2015, OneCoin managed to amass over $4.3 billion in revenue and nearly $3 billion in profits between 2014 and 2016.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
