Mark Scott's sentencing in the OneCoin money laundering case has been postponed until April 21, 2020. The former financier was convicted for his role in laundering hundreds of millions of dollars for the cryptocurrency scam.
The delay, requested by Scott's legal team on January 14, was granted to allow more time for post-trial motions and sentencing preparation. Court filings indicate Scott intends to argue that pre-existing medical conditions warrant a reduced prison sentence. His lawyers state the additional time is needed for further medical testing and treatment to support this claim.
This development draws a stark contrast to Scott's activities while involved with OneCoin, a scheme that defrauded investors of billions. While orchestrating the financial flows for the fraudulent cryptocurrency, Scott apparently experienced no medical incapacitation. His health has become a pressing concern only now, as he faces incarceration.
The Department of Justice is expected to file a response to the defense's arguments by February 24. This filing will offer insight into the prosecution's stance on the medical excuse strategy. The court will ultimately decide whether Scott's health claims influence his sentence.