Irina Dilkinska, a Bulgarian woman, was extradited to the United States for her role in the OneCoin Ponzi scheme, which generated $4 billion in sales revenue and earned profits of nearly $3 billion between 2014 and 2016.
Dilkinska is alleged to have laundered $400 million through the fraudulent crypto firm and other shell companies.
She is expected to appear in a U.S. court on charges of conspiracy to commit wire fraud and conspiracy to commit money laundering.
OneCoin marketed itself as a cryptocurrency and relied on members to recruit others to purchase cryptocurrency packages, leading to over 3 million people investing in the company.
Despite lacking an actual blockchain, OneCoin co-founders Ruja Ignatova and Konstantin Ignatov allocated coins that did not exist in the company’s purported private blockchain, calling them “fake coins.”
Konstantin Ignatov has already pleaded guilty to the money laundering and fraud charges.
Additionally, Irina Dilkinska faces a maximum prison sentence of 40 years if convicted. She assisted a co-conspirator in laundering OneCoin proceeds and destroyed incriminating evidence when she learned of the co-conspirator’s arrest.
Dilkinska is the latest in a growing list of law enforcement actions against the perpetrators of the OneCoin Ponzi scheme.
Finally, Ruja Ignatova, also known as “Cryptoqueen,” is still at large and remains on the most wanted lists of Europol and the FBI.
