Saturday, March 9, 2024

In OneCoin Case Konstantin Ignatov Gets Time Served As US Asked OK with Karl Redactions


By Matthew Russell Lee, Patreon

SDNY COURTHOUSE, March 5 -- For scam crypto currency OneCoin, Sebastian Greenwood who co-founded the company with Ruja Ignatova was sentenced to 20 years in prison by U.S. District Court for the Southern District of New York Judge Edgardo Ramos on September 12, 2023. Inner City Press was there and live tweeted, thread here

On January 25, Mark Scott was sentenced to 10 years in prison - but will be asking for bail pending appeal. Thread here.

On February 26 for Konstantin Ignatov, with a 90 year guideline, the US Attorney's Office asked for time served - with lines redacted.

On March 5, Konstantin Ignatov got just that: time served, with two years supervised release and a forfeiture of some $118,000. Where is the rest of the money?

Watch this site. More on Substack here

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