OneCoin's Norwegian lawyer is making claims so audacious they border on absurd.

Per Danielsen, who has represented OneCoin in Norway for years, recently told Norwegian press that Konstantin Ignatov—OneCoin's co-founder who pleaded guilty to four criminal counts—will soon walk free because he cooperated with US prosecutors. According to Danielsen, Ignatov is not being pursued for his role at OneCoin and "will probably soon become a free man."

This statement arrives as the legal house of cards surrounding OneCoin continues to collapse. Mark Scott, the company's money launderer, was convicted of washing 400 million euros in stolen investor funds. He pocketed 50 million euros from those same victims for his troubles.

When Norwegian journalists pressed Danielsen about these developments, his response bordered on the surreal. He claimed Ignatov never stated OneCoin was fraudulent. Ignatov only testified against Scott, Danielsen said, and accused the lawyer of wire fraud—a charge entirely separate from OneCoin itself.

The logic here is stunning in its desperation. The entire DOJ case against Scott rests on the premise that OneCoin is fraudulent. Multiple federal agents have publicly stated this. Yet Danielsen insists the prosecution never made any such claim.

When confronted with evidence that federal employees had described OneCoin as fraudulent, Danielsen dismissed it. He called these statements merely the personal opinions of individual employees, no more significant than what a journalist might think.

This is where Danielsen's argument collapses entirely. The DOJ didn't prosecute Scott for general wire fraud. They prosecuted him specifically for laundering money stolen from OneCoin investors. That prosecution only works if OneCoin is what federal authorities say it is: a fraud that victimized thousands of people across multiple countries.

Danielsen's position requires believing that Scott was convicted of laundering money for a company that doesn't exist as a criminal enterprise—that Ignatov cooperated with prosecutors about crimes that didn't involve the company he ran—and that Norwegian tax officials just happened to think OneCoin was fraudulent for no reason connected to actual evidence.

The numbers tell a different story. When Danielsen first claimed OneCoin had no business in Norway back in 2017, at least 5,000 recorded affiliate investors had already poured money into the scheme. That claim didn't age well.

Ignatov's guilty plea to four criminal counts doesn't just evaporate because he cooperated with prosecutors. Federal sentencing guidelines still apply. His release, if it comes, will be a matter of judicial discretion weighed against the severity of his crimes—crimes that federal prosecutors connected directly to OneCoin.

A lawyer's job is to defend clients vigorously. But there's a line between advocacy and fabrication. Danielsen crossed it repeatedly in these statements, constructing an alternate reality where a 400-million-euro money laundering conviction has nothing to do with the company whose money was laundered.

Update: As of June 30, 2023, Danielsen was disbarred for dishonesty.

🤖 Quick Answer

Will Konstantin Ignatov be released from prison soon?
OneCoin's Norwegian lawyer Per Danielsen claims Ignatov will likely be freed due to cooperation with US prosecutors, asserting he is not being pursued for OneCoin activities. However, this statement lacks official confirmation from authorities and contradicts the serious criminal charges against him.

What were Mark Scott's crimes in the OneCoin scheme?
Mark Scott, OneCoin's money launderer, was convicted of laundering 400 million euros in stolen investor funds. He personally retained 50 million euros from the victims' money as compensation for his illegal services.

How credible are Danielsen's claims about Ignatov's release?
Danielsen's statements appear questionable given OneCoin's documented fraud scheme and the collapse of its legal defenses. His assertions lack corroboration from official judicial sources or prosecution statements regarding Ig

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