Judge denies former OneCoin lawyer’s motion for new trial
In Judge Edgar Ramos’ opinion on the motion, he ruled that the motion was denied due to Scott’s proven involvement in OneCoin....
- Former OneCoin lawyer Mark Scott's request for a new trial has been denied.
- Judge Edgar Ramos ruled that the motion was denied due to Scott's proven involvement in OneCoin.
- OneCoin was proven to be a fraud with no functioning blockchain in 2017.
- Scott was convicted in 2019 on one count of money laundering and a count of conspiracy to commit bank fraud.
- Scott laundered approximately $400 million and was paid around $50 million.
- The government presented extensive evidence, including Scott's own emails and testimony from dozens of witnesses.
- The motion for acquittal or new trial for the count of conspiracy to commit bank fraud was denied.
- Scott's motion to request a new trial on the count of money laundering was also denied.
- OneCoin co-founder Karl Sebastian Greenwood faces 20 years in prison for his involvement in the OneCoin scheme.
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The article presents a negative sentiment towards Mark Scott and his involvement in the OneCoin scheme.