The U. S. government is having trouble convincing the staff of the Bank of Ireland to testify against the scammers from OneCoin. According to new reports made by The Next Web’s Hard Fork, a new court letter affirms that it is becoming increasingly difficult to convince voluntary witnesses to appear in the case.
Witnesses Diane Sands, Derek Collins, Gregg Begley and Deirdre Ceannt, all from the Bank of Ireland, are said to have backed down from willingness to testify in court. Now, it seems that they will only cooperate with the case if their cooperation is compulsory.
Initially, the Bank of Ireland affirmed that two of the witnesses would not testify, despite having claimed they would on a prior occasion. On the following day, the other two also declined. Now, the U. S. government is issuing the documents to make the staff testify on a compulsory basis, which is set to slow down the case.
The OneCoin Scam
OneCoin was known as one of the largest scams to ever appear in the crypto market. It was created by two Bulgarian brothers, Ruja and Konstantin Ignatova. They launched another crypto, but it was fake as there wasn’t a real blockchain behind the product.
The Bank of Ireland is involved because of a man named Mark Scott, a former partner of Locke Lord, is being accused of using the bank to launder over $300 million USD for OneCoin. The four people from the bank who are involved in the case handled the transactions for Scott.
While their refusal to testify may delay the case, there was so much money involved that the U. S. government would probably force them to testify in a compulsory manner, anyway.
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