Mark Scott’s legal team proposed a sentence of five years in prison, compared to the more than 17 years the U.S. Attorney suggested for “abhorrent” conduct.
The United States Attorney’s Office has suggested a minimum 17-year sentence was “fair and appropriate” for a lawyer responsible for money laundering through the OneCoin crypto scheme.
In a Jan. 19 filing in U.S. District Court for the Southern District of New York, U.S. Attorney Damian Williams recommended “a sentence of at least 17 years” for Mark Scott, a lawyer who laundered millions of dollars through OneCoin. According to prosecutors, Scott “chose to work full time” laundering funds for ‘Cryptoqueen’ Ruja Ignatova, who co-founded OneCoin with Karl Sebastian Greenwood in 2014.
“[Scott] engaged in incredibly serious and sophisticated criminal conduct, conduct for which he has failed to accept responsibility and for which he has not shown an ounce of remorse,” said the Jan. 19 filing. “His punishment must match the seriousness of his crime.”
