US lawyer accused OneCoin Ponzi co-conspirators of money laundering
Onecoin is a big Ponzi multi-level project in the cryptocurrency market. Many investors know cryptocurrency thanks to Onecoin. However, despite the “broken battle” for a long time, the lawsuit against the Onecoin leaders lasts longer than ever.
Criminal proceedings have started against the leaders
Onecoin is a Ponzi scheme established in 2014. The project is run by Ruja Ignatova, Sebastian Greenwood, and Konstantin Ignatov. In the eyes of many blind investors, Onecoin is a real Blockchain and a legitimate cryptocurrency. However, over time, the true nature of Onecoin has emerged. However, Onecoin still promptly defrauded $ 4 billion from nascent investors.
Onecoin and an accomplice allegedly laundering $ 400 million asked the judge in New York for more time to process the acquittal. Besides, according to testimony from Onecoin co-founder Konstantin Ignatov, the owner of Phoenix Thoroughbreds was charged with stealing € 100 million from Onecoin Ponzi. The US government arrested Sebastian Greenwood in 2018 and Konstantin Ignatov in 2019. However, Ruja Ignatova is out of the law. According to CryptoQueen’s brother, Konstantin, she allegedly bought a fake passport and fled to Athens. No one could find Ruja, and right before she left, she bought a million-dollar house and yacht.
From left to right: Ruja Ignatova, Konstantin Ignatov and Sebastian Greenwood
One of Ruja’s associates from the United States, Mark S. Scott, had to stand trial. Scott was convicted in November by the South New York District Court (NYSD) for bank fraud and conspiracy to commit money laundering. On December 4, Scott was accused by U.S. prosecutors of money laundering on the $ 400 million fraudulent sums of Onecoin.
Prosecutors claimed Scott created fraudulent investment funds he managed, and Onecoin paid him $ 50 million for his services. Scott asked NYSD Court Judge Edgardo Ramos to extend the month by one month so that his lawyer could prepare for retrial and acquittal. According to court records, Scott until December 20, 2019, to submit these motions.
The owner of Phoenix Thoroughbreds is also involved in the Onecoin Ponzi lawsuit
In an oath in a New York court, Konstantin revealed that the owner of Phoenix Thoroughbreds, Amer Abdulaziz Salman, stole money from the Onecoin scam. According to him, Salman was a key figure in a major money laundering activity for an international cryptocurrency scam. At that time Armenta was the boyfriend of Ruja Ignatova and her brother thought that Salman stole 100 million Euro from Onecoin.
Amer Abdulaziz Salman, the Phoenix Thoroughbreds owner
Konstantin’s testimony at court is as follows:
“He started buying racehorses for, like, 25 million Euro. He was one of the main money-launderers for Ruja Ignatova.”
Also according to his testimony, Salman is related to Onecoin Ponzi. Still, Phoenix Thoroughbreds and Salman have denied the allegations.
The press release of Phoenix Thoroughbreds stated:
“Phoenix Fund Investments LLC categorically denies all allegations made against it, and its owner, Mr. Amer Abdulaziz, in legal proceedings against OneCoin and its conspirators in the US. Phoenix Fund Investments LLC believes that the firm and Mr. Amer Abdulaziz have acted according to the law at all times, and will vigorously contest all allegations of wrongdoing. Phoenix Fund Investments LLC will fully cooperate with relevant authorities should they require any assistance.”
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