• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

Really Bad Reasons Not To Buy Bitcoin

2025-07-28

Bitcoin and Ethereum Are About To Have A Monumental Week

2025-07-28

Crypto Bulls Are Back – Don’t Miss This Run

2025-07-27

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

    2025-07-25

    What Is Copy Trading in Crypto? A Beginner’s Guide

    2025-07-10

    A Step-by-Step Guide for Risk-Takers

    2025-07-09

    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

    2025-07-09

    How It Works and What to Watch Out For

    2025-07-09
  • Videos

    Really Bad Reasons Not To Buy Bitcoin

    2025-07-28

    Bitcoin and Ethereum Are About To Have A Monumental Week

    2025-07-28

    Crypto Bulls Are Back – Don’t Miss This Run

    2025-07-27

    🚀 Financial Freedom Doesn’t Wait ⏳💰

    2025-07-27

    Building a New $10,000 Crypto Portfolio…

    2025-07-26
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Scams»‘Head of Compliance’ at Infamous $4,000,000,000 OneCoin Crypto Scheme Sentenced to Four Years in Prison
Scams

‘Head of Compliance’ at Infamous $4,000,000,000 OneCoin Crypto Scheme Sentenced to Four Years in Prison

2024-04-05No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
‘Head of Compliance’ at Infamous $4,000,000,000 OneCoin Crypto Scheme Sentenced to Four Years in Prison
Share
Facebook Twitter LinkedIn Pinterest Email

A top executive of the fraudulent cryptocurrency scheme OneCoin will spend years behind bars for her role in the multi-level marketing (MLM) scam that swindled billions from victims worldwide.

OneCoin, which was co-founded by the so-called crypto queen Ruja Ignatova and Karl Sebastian Greenwood in 2014, promised to pay commission to members who recruited people to purchase fraudulent cryptocurrency packages.

OneCoin’s promotional materials claim that over three million people invested in the cryptocurrency packages, allowing the company to generate $4.38 billion in sales revenue and earn $2.96 billion in profits between 2014 and 2016.

In a statement released on Wednesday, the Justice Department says that U.S. District Judge Edgardo Ramos sentenced OneCoin head of legal and compliance Irina Dilkinska to four years in prison.

In November, Dilkinska pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering arising from her involvement with OneCoin.

The prosecution says that instead of ensuring that OneCoin complies with the law, the 42-year-old helped the company launder money, including $110 million in fraudulent proceeds that were transferred to a Cayman Island entity.

Says U.S. Attorney Damian Williams,

“Irina Dilkinska’s involvement in the sprawling OneCoin pyramid scheme was a flagrant breach of conduct.  Rather than upholding the law and embracing her position as the Head of Legal and Compliance, she facilitated and committed money laundering, aiding in the exploitation of millions of victims. As Dilkinska learned today, this Office will hold accountable every perpetrator of the OneCoin scheme, no matter where they may hide.”

Aside from the four-year prison term, the Bulgarian national is ordered to forfeit $111,440,000. She will also be subject to one month of supervised release.

See also  Sam Bankman-Fried Won’t Pursue Post-Trial Motions After Fraud Conviction: Lawyers

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

compliance Crypto infamous OneCoin Prison Scheme Sentenced Years
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Bulls Are Back – Don’t Miss This Run

2025-07-27

Building a New $10,000 Crypto Portfolio…

2025-07-26

Why Did Bitcoin and Crypto Dump Today?

2025-07-23

Wall Street’s Crypto Moves Just Got Exposed

2025-07-23
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Scams

Billionaire and Bitcoin Cynic Charlie Munger Renews His Criticism of Crypto, Calls for US Ban

2023-02-22

Well-known crypto skeptic and billionaire Charlie Munger is renewing his criticism of digital assets, calling…

Bitcoin

GBTC’s discount to its Bitcoin funds narrows in October. What’s next?

2023-10-18

The discount shrunk significantly on a year-to-date basis. Legal victories in the Grayscale vs. SEC…

NFT

Magic Eden Traders Can Earn New NFT Token Alongside ‘Diamonds’ Rewards

2024-01-23

A huge shift is coming for Magic Eden, the prominent cross-chain NFT marketplace. On Monday,…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

Really Bad Reasons Not To Buy Bitcoin

2025-07-28

Bitcoin and Ethereum Are About To Have A Monumental Week

2025-07-28

Crypto Bulls Are Back – Don’t Miss This Run

2025-07-27

🚀 Financial Freedom Doesn’t Wait ⏳💰

2025-07-27
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 117,808.56
ethereum
Ethereum (ETH) $ 3,797.25
xrp
XRP (XRP) $ 3.14
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 789.95
solana
Solana (SOL) $ 178.61
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,793.69
dogecoin
Dogecoin (DOGE) $ 0.22106
tron
TRON (TRX) $ 0.326042
bitcoin
Bitcoin (BTC) $ 117,808.56
ethereum
Ethereum (ETH) $ 3,797.25
xrp
XRP (XRP) $ 3.14
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 789.95
solana
Solana (SOL) $ 178.61
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,793.69
dogecoin
Dogecoin (DOGE) $ 0.22106
tron
TRON (TRX) $ 0.326042