"BigLaw Partner Receives 10-Year Sentence for OneCoin Crypto Scam"

Former Biglaw partner Mark Scott was sentenced to 10 years in prison for his involvement in a $400 million cryptocurrency scheme, after being convicted of conspiracy to commit bank fraud and conspiracy to launder money. Prosecutors stated that Scott played a key role in the plot and bragged about making $50 million through fraud and deception. He was also ordered to forfeit nearly $393 million, along with various assets, and was disbarred by New York state in 2020.