There hasn't been much news about the upcoming trial of U.S. versus Konstantin Ignatov yet. At the moment the only reliable source of information are court documents published online.
After a long period of silence a new court document was filed today. It's a "Letter" in support of Konstantin's motion for bail pending trial. This letter by defence attorney Jeffrey Lichtman isn't exactly a surprise move but the content of the letter is quite hilarious as it draws a picture of Konstantin as the most philanthropist guy with a golden heart. The letter goes on over 70 pages trying to convince the judge that a bail pending trial is in order.
Among presenting other court cases to back up the motion the defence considers Konstantin doesn't pose credible risk of flight. To vouch for this the defence proposes some conditions to go along if Konstantin's bail were to be set:
"He would be released via a $20M personal recognizance bond, secured by $10M in cash and property put up by persons who have placed their unwavering trust in the fact that Mr. Ignatov will remain to face these charges."
– I wonder if that cash and property includes any money originating to OneCoin.
The proposed pre-trial release also include 24 hour armed guards at Konstantin's expense and isolating him to an apartment in the district and shared with his "pregnant girlfriend". Konstantin would also agree not to use cellphones and his location would be monitored via a GPS bracelet. – I don't know where Konstantin would get all that money for the guards. Maybe he will offer them onecoins?
The defence also seems to project that the fact that Konstantin got arrested somehow reflects his innocence. – Yet it's not like Konstantin turned himself in to sort things out. He also lied to border patrol agents upon entering the United States. I find it more likely that he was just pompous enough to make himself believe that he was untouchable.
The motion includes over 20 letters by relatives and friends of Konstantin trying to appeal the judge. Many of them expressing an utmost shock and disbelief that Konstantin would even hurt a fly, let alone defraud people. Besides, how could Konstantin as an "animal lover" be guilty of wire fraud? It's also worth mentioning that one of the letters is from Veska Ignatov who has been involved in OneCoin scam. Yes, the very scam that the court case is about.
Heck, I don't even know Konstantin personally but even I know that he's a liar. For example, quoting my blog post in October 2018:
Another one of Konstantin Ignatov's lies is a petty one in comparison, but it certainly doesn't lack in magnitude. On his Facebook post 30 August, Konstantin was boasting: "Being featured in one of the biggest magazines, with 10 million readers."
That was of course a lie. Numbers magazine has only 3.000 copies printed. In addition OneCoin had most likely paid for the article to be published. The company happened to be sponsoring the magazine at that time.
Konstantin Ignatov has also publicly claimed that there were only three people besides him who had seen OneCoin's blockchain. According to him these people were his sister Ruja Ignatova, his mother Veska Ignatov and the head of the (il-)legal department of OneCoin (most likely referring to Irina Dilkinska). Considering that OneCoin hasn't even had a blockchain to begin with the claim by Konstantin is absolutely incriminating.