‘Cryptoqueen’ Lawyer Denied New Trial on OneCoin Fraud
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A lawyer who laundered $400 million from the OneCoin cryptocurrency fraud won’t get a new trial despite lies told on the witness stand by a prosecution witness who is the brother of the so-called “Cryptoqueen” fugitive Ruja Ignatova.
Mark Scott, 54, was found guilty in November 2019 of money-laundering conspiracy and bank-fraud conspiracy. Prosecutors claimed he made $50 million for setting up a phony investment fund that he used to process money that Ignatova, who is on the FBI’s Ten Most Wanted list, took from the $4 billion fraud. Scott claimed at trial that he didn’t know that OneCoin was a fraud.