Cryptoqueen’s OneCoin legal chief pleads guilty to fraud
The former compliance chief of OneCoin — a 2015 crypto scheme that defrauded investors out of $4 billion — has pleaded guilty to wire fraud and money laundering charges in Manhattan federal court.
In a Nov. 10 statement, the Department of Justice (DOJ) said that U.S. District Judge Edgardo Ramos had accepted 42-year-old Irinia Dilkinska’s guilty plea.
“Head of Legal and Compliance” for multibillion-dollar cryptocurrency pyramid scheme “OneCoin” pleads guiltyhttps://t.co/E656236UXh
Dilkinska pled guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit laundering. Each charge carries a maximum potential sentence of five years in prison.
“OneCoin’s so-called ‘Head of Legal and Compliance’ Irina Dilkinska accomplished the exact opposite goal of her position," said U.S. Attorney Damian Williams in the statement.
The prosecution found that despite her role as the head of compliance for OneCoin, Dilkinsa played a key role in laundering money for the scheme. At one point Dilkinsa facilitated the transfer of $110 million in fraudulently obtained proceeds to an entity in the Cayman Islands.
Dilkinska’s sentencing is scheduled for Feb. 14, 2024 — where she faces a maximum sentence of 10 years in prison for her role in the OneCoin scheme.
The Department of Justice first charged Dilkinska with one count of wire fraud and one count of conspiracy to commit money laundering on March 21.
Related: Former Deutsche Bank exec pleads guilty over ‘R3 Crypto Fund’ scheme
OneCoin was founded in 2014 by “Cryptoqueen” Ruja Ignatova and Karl Sebastian Greenwood. Greenwood has since been sentenced to 20 years in prison on fraud and money laundering charges, while also being ordered to pay $300 million in
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