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Crypto Case OneCoin – US prosecutors ask Court to adjourn sentencing for former CEO Konstantin Ignatov and request unsealing of further documents

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Mat Russell of Inner City Press reported yesterday from the courtroom of Southern District New York (SDNY) that the US prosecutors in the case of the giant crypto scam OneCoin have filed a motion to postpone the date for the conviction of former OneCon CEO Konstantin Ignatov. Ignatov was arrested at Los Angeles Airport in March 2019 and since then has supported the FBI and the US prosecutors under a plea agreement. His statements have led, among other things, to the conviction of US lawyer Mark S. Scott for $400 million money laundering for OneCoin.

The US prosecutors claim in the requested postponement of the trial that the cooperation with Ignatov is not yet complete.

Dear Judge Ramos: A sentencing control date is presently set in the above-captioned case for April 8, 2020 at 11:00 a.m. Because the defendant’s cooperation is not yet complete, the Government respectfully requests that the sentencing date be adjourned for approximately three months.

US prosecutors to the SDNY Court United States v. Konstantin Ignatov, S7 17 Cr. 630 (ER)

Ignatov was recently released on bail from prison. The US prosecutors’ request allows the conclusion that further charges against members of the OneCoin Scam will follow. As is well known, charges have been brought against co-founder Ruja Ignatova but she is on the run. Her co-founder, the Swede Sebastian Greenwood was arrested in Thailand in 2018 and extradited to the US. Since then he has been in prison there without being charged. It is suspected that Greenwood is also cooperating with the US prosecutors. It seems certain that we will see more charges in the OneCoin file.

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