• US Prosecutors charged Irina Dilkinska, the former head of legal and compliance at OneCoin, with one count of conspiracy in committing money laundering and one count of wire fraud.
• Dilkinska is accused of being involved in the laundering of more than $400 million of proceeds from the OneCoin crypto firm, as well as destroying all incriminating evidence when she discovered the arrest of a co-conspirator.
• The US Department of Justice (DoJ) has put up tighter measures with an intensive crackdown on fraudulent crypto schemes as regulation becomes more challenging in the United States.
Cryptocurrency Regulation Becomes More Challenging In The US
Cryptocurrency regulation is getting more challenging in the United States following several cases of fraud and crashes of crypto-related firms. The regulators have put up tighter measures with an intensive crackdown on fraudulent crypto schemes. Also, US prosecutors are on the scene to handle cases of persons regarding unlawful crypto activities.
OneCoin Head Of Compliance Faces 40 Years Imprisonment
In a new development, OneCoin’s head of compliance, Irina Dilkinska, faces 40 years imprisonment on charges of fraud. The executive was accused of being involved in the fraudulent crypto scheme OneCoin. Don’t wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!
US Prosecutors Charge Dilkinska Regarding Involvement With Fraudulent Crypto Scheme
The United States Department of Justice (DoJ) charged the former head of legal and compliance at OneCoin, Dilkinska, on March 21 with one count each for money laundering and wire fraud which has a maximum 20 years imprisonment sentence respectively. She is accused by prosecutors for her involvement in laundering millions from OneCoin through shell companies and compromising her job title regarding Onecoin’s compliance with regulatory laws. BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? 570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day only at Wild.io Play Now!
OneCoin Co-Founder On The Run Due To Fraudulent Scheme
Ruja Ignatova and Karl Sebastian Greenwood founded OneCoin in 2014 as a project that claimed to market a crypto token with the same name but was later discovered to be a fraudulent pyramid scheme. It offered commissions to users who got others to join their network and invested funds into purchasing educational products related to cryptocurrency trading or mining which never materialized according to reports from financial watchdogs across Europe such as Estonia’s Financial Intelligence Unit (FIU). Related Reading: Bitcoin Price Will Hit $50,000 In Under A Year This Economist Says
Conclusion
Cryptocurrency regulation is getting tougher due to cases involving frauds or crashes associated with it making it difficult for investors who want to venture into cryptocurrencies safely without falling prey to scams like these ones perpetrated by Irina Dilkinska and Ruja Ignatova through their respective ventures – Onecoin respectively . However , there are now stringent measures taken by regulatory bodies such as DoJ that can help reduce frauds like these while still allowing investors safe access into investing cryptos .