Ignatov pleaded guilty to multiple number including money laundering, while using BBC . The deal was reached Sept. 4, but released widely Tuesday following his fangelejr at Los Angles Airport terminal in March 2019.
The Department of Justice (DOJ) reached a huge plea deal with Konstantin Ignatov for his involvement to be able to OneCoin Ltd., a cryptocurrency project based out of Getaway.
He is the brother pointing to OneCoin co-founder Dr Banda Ignatov, colloquially called “Cryptoqueen” for her actions in the owing scam and subsequent disappearance.
Under the terms of the plea, Ignatov will not take on further charges as they appear, come up against OneCoin and its constituents, with the exception of possible tax infractions. Still, Ignatov faces forward 90 years in prison, the several BBC said.
OneCoin raised some $4 billion for its cryptocurrency furthermore proprietary ecosystem in loaning, in what multiple governments use called a Ponzi scam. OneCoin denies those suggestions and continues to operate.
The BBC told me Ignatov could be moved into all U. S. witness insurance policy coverage program depending on the longevity to do with his sentence. Court documents would say individuals have come forward while having threats against him.
While testifying in another ongoing case against Spot Scott, a U. Nasiums. lawyer accused of laundering funds $400 million by means of OneCoin, Ignatov revealed more information about his sister, generally the BBC said. A warranty, warrantee for her arrest from the DOJ is currently outstanding.
The BBC said Ignatov told the court which is his sister acquired another passport and tickets that will Vienna and Athens by means of her home in Getaway. She called OneCoin naysayers “haters” and was regarding being given up to govt, he said. Although Ignatov hired a private investigator to be able to her, he has not voiced to her since her disappearance, according to the BBC.