Cryptoqueen’s Brother Gets Time Served for Leading OneCoin Scam

The brother of fugitive “Cryptoqueen” Ruja Ignatova will spend no more time behind bars after pleading guilty to helping run the OneCoin cryptocurrency fraudafter his sister disappeared in 2017.

Konstantin Ignatov was sentenced to the 34 months he had already spent in jail on Tuesday by US District Judge Edgardo Ramos in Manhattan. Ruja Ignatova, the face of the $4 billion international scheme based on a phony cryptocurrency, had hired her brother away from a job as a forklift driver in Germany to work as her personal assistant.

Prosecutors said Ignatov became the “de facto leader” of the fraud ...