OneCoin

OneCoin lawyer found guilty in 'crypto-scam'

A New York jury found that Mark Scott helped to perpetrate the scheme, routing approximately $400m (£310m) out of the US while working to conceal the true ownership and source of the funds.

Prosecutors said he made about $50m.

Mr Scott's lawyers had said he did not know that OneCoin was worthless.

They said he was simply doing the job asked by Dr Ruja Ignatova, a co-founder of the Bulgaria-based OneCoin.

The federal jury in Manhattan rejected those arguments, finding Mr Scott guilty of conspiracy to commit money laundering and bank fraud.