OneCoin Legal Head Admits Guilt

On Thursday, OneCoin’s head of legal and compliance, Irina Dilkinska, pleaded guilty to wire fraud and money laundering charges following her involvement in a scheme that resulted in billions of dollars of losses for investors.

According to the US Attorney’s Office for the Southern District of New York, the 42-year-old from Bulgaria could face 10 years in prison for her role in the alleged cryptocurrency pyramid scheme.

US Attorney Damian Williams stated that as OneCoin’s “Head of Legal and Compliance,” Dilkinska actually aided in the process of laundering millions of dollars in illicit profits obtained through the company’s multi-level marketing tactics.

Dilkinska’s guilty plea comes after the sentencing of OneCoin founder Karl Sebastian Greenwood, who received a 20-year prison sentence for defrauding 3.5 million investors and misusing their funds for personal luxuries.