Brother of OneCoin’s ‘Cryptoqueen’ pleads guilty, could serve 90 years in prison

The brother of OneCoin’s missing “CryptoQueen” has pleaded guilty to money laundering and fraud charges, BBC reports. Konstantin Ignatov admitted to his role in the multi-billion dollar OneCoin scam when he signed a plea deal on October 4. That document has since been obtained by Inner City Press. Ignatov is yet to be sentenced, but now faces up to 90 years in prison. OneCoin’s alleged ringleader Dr. Ruja Ignatova is still on the run, while Ignatov is reportedly worried that his recent plea deal may “reveal activities of individuals” who might use violence against him and his family. As such,…

This story continues at The Next Web

source https://thenextweb.com/hardfork/2019/11/14/onecoin-cryptocurrency-ignatov-ignatova-cryptoqueen-scam-blockchain/