OneCoin head of compliance facing 40 year sentence after US extradition
United States federal prosecutors have charged a former executive of the fraudulent cryptocurrency scheme OneCoin for her role in the operation, who now faces up to 40 years in prison after being extradited from Bulgaria.
On March 21 the Department of Justice (DOJ) charged OneCoin’s former head of legal and compliance Irina Dilkinska with one count of wire fraud and one count of conspiracy to commit money laundering, each carrying a maximum potential sentence of 20 years in prison.
Dilkinska allegedly aided in laundering over $400 million of OneCoin’s proceeds, and upon hearing of a co-conspirator’s arrest destroyed incriminating evidence and sent incriminating messages.
Bulgarian woman charged for role in multi-billion-dollar cryptocurrency pyramid scheme “OneCoin” and extradited from Bulgaria to the United Stateshttps://t.co/XsY0rYJWeF
U.S. Attorney Damian Williams pointed out the irony in Dilikinska’s job title given the nature of OneCoin, saying:
The announcement said Dilkinska was extradited from Bulgaria on March 20 and was set to appear before U.S. Magistrate Judge Sarah Netburn the following day.
OneCoin was founded in 2014 by “cryptoqueen” Ruja Ignatova and Karl Sebastian Greenwood, the latter of which pleaded guilty to multiple charges brought against him in December 2022 and faces up to 60 years in prison.
Related: DOJ and SEC to probe SVB collapse and insider stock sales: Report
Ignatova, however, has managed to evade law enforcement agencies, going missing in October 2017 after a flight to Greece just 15 days after a federal warrant was issued for her arrest.
In 2014, a woman named Ruja Ignatova launched a fake cryptocurrency named "OneCoin". Despite the currency never existing, Ruja convinced people all over
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