OneCoin compliance officer sentenced to 4 years in US

abdelaziz Fathi

The Southern District of New York court has sentenced Irina Dilkinska to four years in prison for her role in the OneCoin scam and its associated cryptocurrency.

In addition to her prison sentence, Dilkinska is required to forfeit $111 million and will undergo one month of supervised release, as per the United States Department of Justice.

US federal prosecutors charged the Bulgarian woman after being extradited from Sofia earlier in 2023. She allegedly helped OneCoin operators to create shell companies in order to launder proceeds and manage property belonging to founder Ruja Ignatova.

Serving as the head of legal and compliance for OneCoin, Dilkinska engaged in facilitating money laundering and various financial crimes, including transferring $110 million of illicit OneCoin proceeds to a company in the Cayman Islands.

U.S. Attorney Damian Williams highlighted Dilkinska’s breach of ethical conduct, stating, “Irina Dilkinska’s involvement in the sprawling OneCoin pyramid scheme was a flagrant breach of conduct. Rather than upholding the law and embracing her position as the Head of Legal and Compliance, she facilitated and committed money laundering, aiding in the exploitation of millions of victims.”

Among other things, the former executive used a shell company that was falsely described as offering “proprietary consulting services, support and software solutions” that generated €200 million in 2015 through 2016, to disguise the transfer of millions of dollars as purported “investments” into Scott’s funds.

The DOJ’s statement disclosed that OneCoin attracted over 3 million participants, generating nearly $4.4 billion in sales from 2014 to 2016, with victims investing over $4 billion in total. US prosecutors said that once Irina learned of Mark Scott’s arrest, she destroyed incriminating documents and sent another co-conspirator incriminating messages.

Dilkinska pleaded guilty in November 2023 to charges including conspiracies of wire fraud and money laundering related to her activities within OneCoin.

The DOJ describes OneCoin as a global multi-level marketing or “pyramid scheme,” where earnings come from commissions on sales and recruitment of new members. OneCoin’s founders, Ruja Ignatova, known as “the Cryptoqueen,” and Karl Sebastian Greenwood, have faced severe legal consequences. Greenwood received a 20-year prison sentence and was fined $300 million after pleading guilty to wire fraud and money laundering.

Read this next


BlockDAG Offering a Fresh Take on Meme Coin Development Amid Solana’s Challenges and Floki Inu’s Price Fluctuations With 30,000x ROI

Dive into how BlockDAG’s innovative presale, low-code platforms, and potential 30,000x ROI, outperform Solana’s technical hurdles and Floki Inu’s market predictions.


BlockDAG Excels With $2.2M In Miner Sales And Moonshot Teaser, Overshadowing Litecoin’s Rally And Dogwifhat’s Market Highs

Explore how BlockDAG’s $2 million Miner Sales & Moonshot Teaser eclipse the Litecoin price recovery and the Dogwifhat all-time high.


BlockDAG Leads Top 6 Cryptocurrencies to Buy in 2024 with a Potential Price Surge to $10 Leaving Cosmos, BNB, and Ethereum Behind

Discover the top six cryptocurrencies in 2024, including BDAG’s remarkable growth potential, BNB’s durability, Cosmos’ connectivity, and ETH’s eco-friendly advances.

Retail FX

Weekly Roundup: Prop firm arbitrarily accounts, Interactive Brokers’ CFDs in Japan

FX, Fintech and cryptocurrency markets have been bustling with activity over the past week, as is often the case. Keep yourself informed and ahead of the curve with a curated selection of crucial stories and developments that are most relevant to those engaged in the markets.


BlockDAG Redefines Crypto Mining as Presale Tops $18.5M, Outshining Ethereum ETF & Dogecoin Dynamics

The recent approval of the first Ethereum ETF in Hong Kong underscores a significant advancement in the cryptocurrency’s mainstream acceptance. While Ethereum continues to attract institutional attention, the Dogecoin price prediction suggests a possible resurgence, despite its current undervaluation from past highs.

Digital Assets

Bitcoin halving is done: ViaBTC mines historic block 840K

The Bitcoin network has confirmed its fourth-ever halving block, mined by the cryptocurrency pool ViaBTC, according to data from This significant event in the Bitcoin ecosystem reduced the mining reward by half, a deflationary measure occurring approximately every four years to control the issuance of new bitcoins and curb inflation.

Retail FX

True Forex Funds now offers Match-Trader and cTrader platforms

Proprietary trading firm True Forex Funds today announced the launch of Match-Trader, a multi-asset trading platform developed by California-based FX technology provider Match-Trade Technologies.

Retail FX

CySEC hits FXORO parent with €360,000 fine

The Cyprus Securities and Exchange Commission (CySEC) has fined MCA Intelifunds, trading as FXORO, a total of €360,000 for multiple violations of the Cypriot investment laws.  

Digital Assets

Binance’s CZ in good mood ahead of sentencing, says partner

Yi He, co-founder of cryptocurrency giant Binance, has shared a positive outlook on the legal situation of the exchange’s former CEO, Changpeng Zhao. Zhao is currently awaiting a sentencing hearing scheduled for April 30 in the United States.