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Lawyer Mark Scott’s 400 million USD crypto scam conviction upheld

Mark Scott’s conviction for his involvement in the OneCoin cryptocurrency scam has been upheld by a federal appeals court. He was sentenced to 10 years in prison and ordered to forfeit over 392 million USD after being found guilty in 2019.

Despite Scott’s claims of an unfair trial, the court emphasized the evidence linking him to OneCoin creator Ruja Ignatova. Scott maintained he was unaware of any fraudulent activities while providing legal counsel to Ignatova.

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