In a move on Friday that may help bring some peace to jilted investors, a five-judge panel from New York formally disbarred Mark S. Scott, the former Locke Lord LLP lawyer and attorney for the notorious scammer Ruja "Cryptoqueen" Ignatova, following his November 2019 conviction on charges related to the multi billion-dollar OneCoin scam.
Scott, who was convicted of conspiracy to commit money laundering and conspiracy to commit bank fraud, fought the disbarment, arguing that he has a post-trial motion pending which requests either an acquittal or a new trial.