OneCoin CEO Konstantin Ignatov is scheduled to be sentenced on Might 14th, 2021.
Within the meantime, a January twenty eighth filed look bond reveals Ignatov has been launched on a $500,000 surety.
On the floor, a half million bond appears a bit low for prison fees regarding a $4+ billion Ponzi scheme.
Since his arrest in early 2019 nevertheless, Ignatov (proper) has been helping US authorities in OneCoin associated prison instances.
If I needed to guess, Ignatov’s ongoing cooperation factored closely into his launch.
The $500,000 was paid by Ivan Iochkolovsky (aka Ivan Yochkolovski) and Draga Lambreva. Names I’m not acquainted with.
Going again two years, Crypto Xpose cited paperwork revealing Iochkolovsky met Ignatov in a gymnasium a yr previous to his arrest.
Draga Lambreva is Iochkolovsky’s mom.
As per the phrases of Ignatov’s filed Look Bond, he’s required to
- seem in any respect future court docket hearings
- give up himself for sentencing
- give up his passport
- stay in residence incarceration within the Southern District of New York with location monitoring
Though he’s but to be sentenced, we all know Ignatov’s plea deal consists of entry into the witness safety program.
One facet impact of Ignatov’s cooperation has been the continuous push-back of his sentencing.
I might be incorrect however I think Ignatov received’t be sentenced till Mark Scott and Gilbert Armenta (presumably David Pike too) have been sentenced.
Armenta is up for sentencing on April 2nd. Scott for June 14th.
Such to the extent Ignatov could be utilized in Sebastian Greenwood’s case we don’t know. That may push Ignatov’s sentencing again even additional.