A top-level OneCoin executive is pleading guilty to accusations arising from her alleged participation in the multi-level marketing (MLM) scam that swindled over $4 billion from victims worldwide.
In a statement, the U.S. Department of Justice (DOJ) says that Bulgarian citizen and OneCoin head of legal compliance Irina Dilkinska has pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering in a Manhattan federal court on Thursday.
The 42-year-old faces a potential sentence of up to five years in prison for each charge.
OneCoin, co-founded by the so-called crypto queen Ruja Ignatova and Karl Sebastian Greenwood in 2014, engaged in a fraudulent pyramid scheme that promised to pay members to recruit people to purchase cryptocurrency
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