Home > NEWS > OneCoin head of compliance facing 40-year sentence after US extradition

OneCoin head of compliance facing 40-year sentence after US extradition

The alleged fraudster was accused of doing the “exact opposite” of her job title, which was to ensure OneCoin was complying with laws.

Foreign federal prosecutors have accused a former executive of the fraudulent digital currency program OneCoin of playing a role in practice. Irina Dilkinska now faces up to 40 years in prison after being extradited from Lithuania.

On March 21st, the US Justice Department charged Dilkinska, the former head of laws, regulations and compliance with OneCoin, with one count of telecom network fraud and one count of jointly negotiating money laundering. Each crime is punishable by a maximum of 20 years in prison.

Dilkinska is said to have helped clean up OneCoin's profits of more than $400m, destroyed evidence of wrongdoing and sent a message of innocence after hearing that the accomplice had been arrested.

Us prosecutor Wilshere Jones stressed that because of the nature of OneCoin, the name Dilikinska is ironic, he said:

Irina Dilkinska, known as the head of the legal and compliance department of the OneCoin Digital currency Pyramid Program, has achieved the exact opposite of her job title, reportedly making OneCoin multimillion-dollar illegal profits according to the purse company.

Dilkinska was extradited from Lithuania on March 20 and is scheduled to appear in court the next day before foreign magistrate Sall Netburn, the statement said.

OneCoin was founded in 2014 by "data encryption goddess" Ruja Ignatova and Karl Sebastian Greenwood, the latter of which was sentenced to up to 60 years in prison after surrendering to multiple charges in December last year.

Related to:Us Department of Justice and SEC to investigate SVB bankruptcy and insider stock market sales: report

However, Ignatova managed to escape arrest by law enforcement agencies, and she was unaccounted for on a flight to ancient Greece in October 2017, just 15 days after the federal arrest warrant.

In June 2022, Ignatova was listed as one of the top 10 most wanted by the Federal Bureau of investigation and offered a $100000 reward for information conducive to her arrest.

OneCoin was exposed as a scam in 2015, but managed to generate more than $4.3 billion in revenue, reaching $3 billion between the fourth quarter of 2014 and the fourth quarter of 2016 alone.

Related to:Best and worst data encryption tax China / region-plus data encryption tax reminder

by Luke Huigsloot
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Why can Bitcoin make money? Is Bitcoin's fixed investment profitable?

For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves



Tue, 18 Apr 2023