Ex-Big Law Attorney Loses Bid for New Crypto Laundering Trial

Arlo Devlin-Brown’s commentary was included in a Law360 article covering former Locke Lord LLP partner Mark Scott’s efforts to obtain a new trial following his conviction in 2019 of laundering over $400 million in connection to the global OneCoin cryptocurrency scam.

Arlo served as Scott’s counsel and argued that when a witness perjures himself and the government knows at the time that the testimony is false, a grant of a new trial is "virtually automatic" under the Second Circuit's 1991 decision in U.S. v. Wallach.

Arlo noted that evidence also shows Ignatov additionally lied about setting up a July 2016 meeting between Scott, Ignatova and Irina Dilkinska — a Bulgarian woman allegedly in charge of overseeing OneCoin's money laundering operations — in Sofia, Bulgaria.

Arlo also said in a statement that he and his client are disappointed that the court did not grant a new trial given the undisputed evidence that the government's sole cooperating witness perjured himself.

"Mr. Scott intends to appeal," he said.

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