05-11-2019 23:00 via newsbtc.com

OneCoin Lawyer Stands Trial for Role in Multi-Billion Dollar Crypto Scam

A lawyer who is believed to have laundered money associated with the OneCoin crypto scam is currently standing trial in New York. Mark Scott allegedly used offshore investment vehicles to take as much as $400 million out of the US on behalf of the company.
OneCoin is one of the largest examples of a cryptocurrency scam to date. Estimates put the total figure stolen from investors at more than $3 billion.
Suspected Crypto Scam Launderer Stands Trail in New York
According to a report by BBC News,
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