The government has not received affidavits of loss for many of the cryptocurrency investors, and, as a result, has been unable to identity most investors who have not submitted affidavits to date.
The United States Government is seeking only $26,543 in restitution from Maksim Zaslavskiy, as the government has been unable to determine the identities of many of the investors in the fraudulent schemes operated by him. This becomes clear from documents filed by the government with the New York Eastern District Court on August 14, 2020.
On July 15, 2018, the defendant Maksim Zaslavskiy pleaded guilty pursuant to a plea agreement to Count Two of a four-count Superseding Indictment, charging the defendant with conspiracy to use and employ one or more manipulative and deceptive devices and contrivances in furtherance of a scheme to defraud. The defendant was sentenced on November 18, 2019 to 18 months’ imprisonment and three years’ supervised release. No forfeiture was sought by the government or imposed by the Court. At the time of sentencing, the government, with the defendant’s consent, sought additional time to make a restitution submission to the Court, and since then the Court has granted several requests for adjournment.
In the document submitted at the Court on August 14, 2020, the government estimates the loss to victims, who to date have not been paid back as a result of the Recoin and Diamond fraud scheme to be $75,203.77. This amount consists of payments made by investors into the fraudulent scheme through the Amazon wallet and through cryptocurrency payment processors (Coinpayments and Coinbase).
However, because the government has been unable to determine the identities of many of the individuals who invested through Coinpayments, the government requests that the Court amend the Judgement, entered on November 20, 2019, to order that the defendant pay restitution in the amount of $26,543.49 to the victims readily identifiable by the government.