Lawyer in $400m OneCoin Fraud Denied New Trial Despite Witness Perjury!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 19, 2023 10:22

A lawyer involved in the OneCoin fraud scandal, which involved the laundering of $400 million, has been denied a motion for a new trial. Despite a prosecution witness having perjured themselves during the 2019 trial, the judge ruled that the lawyer’s conviction should stand. The OneCoin scheme was a cryptocurrency scam that bilked investors out of billions of dollars, and several high-profile figures have been implicated in its activities.