Mark Scott
A former U.S. attorney (Locke Lord partner) who, per a jury, laundered roughly $400M of OneCoin proceeds through a sham investment-fund structure. Convicted in 2019 of money-laundering and bank-fraud conspiracies; sentenced in 2024 to 10 years and $392.9M forfeiture.
Also known as: Mark S. Scott
Bio
Mark Scott was a U.S. lawyer who set up a network of offshore "fund-of-funds" vehicles that prosecutors said moved about $400 million out of the U.S. for OneCoin, earning him tens of millions. [1][2]
Legal outcome
A New York federal jury convicted Scott on November 21, 2019 of conspiracy to commit money laundering and conspiracy to commit bank fraud. On January 25, 2024 he was sentenced to 120 months (10 years) in prison, three years of supervised release, and ordered to forfeit $392,940,000; he has pursued appeals. [1][2]
Bracketed numbers refer to the numbered sources listed below.
Sources (2)
- OneCoin (overview; Mark Scott conviction) — Wikipedia
- In OneCoin Case Konstantin Ignatov Gets Time Served (Scott 10 years) — Inner City Press
See also
Luke BelmarIndividualsCryptocurrency influencer Luke Belmar (@lukebelmar on X) became the subject of controversy following allegations related to the promotion of a memecoin. Critics on social media alleged that Belmar used a series of posts referencing a forthcoming cryptocurrency project and a large-scale airdrop to generate interest in a token without explicitly identifying a specific contract address. Belmar published multiple posts discussing an upcoming memecoin, describing plans for what he characterized as a major airdrop and making comparisons to other cryptocurrency projects. Because no contract address was publicly provided, several tokens emerged claiming association with his statements. Critics alleged that this ambiguity enabled speculation around multiple tokens while avoiding a direct endorsement of any particular asset.
- 2025 Czech government Bitcoin scandalOtherA political-corruption scandal in which the Czech Ministry of Justice, under minister Pavel Blažek, accepted a donation of 468 bitcoin (~$45M) in early 2025 from Tomáš Jiříkovský, a convicted darknet/drug figure, then sold part of it. After Deník N revealed the deal in May 2025, Blažek resigned, a criminal money-laundering investigation followed, and the government narrowly survived a no-confidence vote.
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