Lawyer’s Bid for New Trial in OneCoin Money Laundering Case Denied

Read full article at Coinnounce.

Mark Scott, Convicted in 2019 for Money Laundering, Fails in Request for New Trial

Lawyer's Bid for New Trial in OneCoin Money Laundering Case Denied

Mark Scott, the lawyer who was convicted in 2019 for laundering $400 million from the OneCoin fraud, has had his request for a new trial denied. Scott argued that he was unaware of OneCoin’s fraudulent nature when he established the fund responsible for laundering money for the cryptocurrency’s founder, Ruja “Cryptoqueen” Ignatov.

Scott’s legal team had sought a new trial based on revelations of false testimony during the original 2019 trial. Konstantin Ignatov, a government witness and accomplice in the OneCoin fraud, admitted to aiding his sister Ruja in the scheme.

Judge Remains Unconvinced

Despite the claims of false testimony, United States District Judge Edgardo Ramos rejected the request for a new trial, expressing skepticism about the possibility that an innocent person may have been wrongly convicted despite the inaccuracies in the testimony.

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

#Bitcoin #Crypto #Cryptocurrency

Related articles

Binance Partners With SM Brand Marketing to Launch Global Play-to-Create NFT Ecosystem

Read full article at CryptoPotato.The world’s largest digital asset platform – Binance – teamed up with SM Entertainment’s […]

Learn More

Timcast IRL – The Power Of Legacy #shorts

Read full article at Timcast IRL. #shorts Sign Up For Exclusive Episodes At Merch – Hosts: […]

Learn More

Bank of Korea selects Kakao’s blockchain arm for digital won tests

Read full article at News. ConsenSys, a major Ethereum software company, will contribute its technology to South […]

Learn More