Mark Scott, an American lawyer, has been found guilty for his role in the notorious OneCoin crypto scam, which attracted over 5,15 billion USD from investors all over the world.
A court in New York found that Mark Scott participated in the scheme and helped to launder close to 400 million USD, routing the money out of the U.S. through banks on the Cayman Islands and the British Virgin Islands to the United Arab Emirates.
According to the prosecution Scott made about 50 million USD for himself, for which now he faces up to 50 years in prison.
Part of the money were also laundered through account at the Bank of Ireland.
"OneCoin used the success story of Bitcoin to induce victims to invest under the guise that they, too, could get rich through their investments. This was, of course, completely false because the price of OneCoin was a fiction and not based on supply and demand”, the prosecution said.
For the time being Ignatova remains at large.
| Broker | Country | Regulation | Platform | Min Deposit | Review |
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Cyprus, UK, Mauritius | CySec, FCA, FSC | MT4, MT5, Web | $10 | Review Website |
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Cyprus, SVG | CySEC | MT5, Web, cTrader |
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Australia, Cyprus | ASIC, CySEC | MT4, MT5, IRESSTrader |
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Cyprus, Australia | CySec, ASIC | MT4, MT5 | $5 | Review Website |
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UK, Australia, South Africa | FCA, ASIC, FSCA | MT4, Trading Station, NinjaTrader |
$50 | Review Website |
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UK, Cyprus, UAE, South Africa | FCA, CySEC, DFSA, FSB | MT4, MT5, FxPro Markets, cTrader |
$100 | Review Website |
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Cyprus | CySEC | MT4, MT5, Web | $1 | Review Website |
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Belize | IFSC | MT4, MT5 | $100 | Review Website |
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Cyprus, UK, South Africa, UAE | CySec, FCA, FSCA, DFSA | MT4, MT5, Web | $5 | Review Website |
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Cyprus, UK | CySEC, FCA | MT4, MT5 | $1 | Review Website |
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UK | FCA | MT5 | $5 | Review Website |
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UK | FCA | MT4, Web, MT4 for Mac |
$100 | Review Website |
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Australia, UK | ASIC, FCA | MT4, MT5, cTrader |
$200 | Review Website |
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Italy's financial regulator Commissione Nazionale per le Societa e la Borsa (CONSOB) has blacklisted a bunch of unregulated brokers today, including EvolutionBrokers, and KapitalSwiss. CONSOB also ordered internet providers to block access to their websites. Read more
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David R. Pike, a chief operating officer of Fenero Funds was arrested by the U.S. authorities in connection to laundering some 400 million USD, stolen through the notorious OneCoin Ponzi scheme.
Pike appears to have worked with the convicted OneCoin layer Mark S. Read more
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