Legal personnel of the cryptocurrency Ponzi scheme OneCoin sentenced to four years, confiscating hundreds of millions of dollars.

The legal director of the cryptocurrency Ponzi scheme OneCoin, Irina Dilkinska, has been sentenced to four years in prison by the Southern District Court of New York, USA.

Co-founder of OneCoin faces 20 years in prison, main suspect Ruja Ignatova still at large.

OneCoin Legal Consequences!

Irina Dilkinska's punishment goes beyond imprisonment as she is required to forfeit $111,440,000 and be under supervised release within a month after serving her sentence.

Compliance Officer Involved in Illegal Activities

Irina Dilkinska, who was originally responsible for overseeing legal and compliance issues, chose to participate in financial misconduct. Her actions included laundering $110 million in illegal OneCoin profits to a company in the Cayman Islands, facilitating the scheme to defraud millions of people globally.

OneCoin Scam

With the exposure of its operational details, the OneCoin scam was uncovered, revealing a pyramid scheme that trapped over 3 million participants and raised nearly $4.4 billion in sales. Victims were lured by the temptation of quick riches through cryptocurrency and invested over $4 billion in this scheme.

Guilty Plea Last Year, Mastermind Still at Large

In November last year, Irina Dilkinska admitted to wire fraud and conspiracy to commit money laundering. Meanwhile, the alleged "Crypto Queen" mastermind, Ruja Ignatova, remains at large with her whereabouts unknown.