According to a statement from the US Attorney's Office for the Southern District of New York, Irina Dilkinska, the legal and compliance officer for OneCoin, has admitted to charges of telecommunications fraud and money laundering. Previously, prosecutors had alleged that she was involved in a cryptocurrency pyramid scheme that led to losses of billions of dollars for investors. Dilkinska could face up to 10 years in prison. Several months ago, Karl Sebastian Greenwood, the 46-year-old founder of OneCoin, was charged by prosecutors with defrauding 3.5 million investors and using the funds to build a five-star resort, a private plane, and a yacht. He was sentenced to 20 years in prison after admitting to charges of telecommunications fraud and money laundering. Dilkinska's sentencing is set for February 14, 2024.