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Karl Sebastian Greenwood pleaded guilty on December 16, 2022, to operating a multi-billion cryptocurrency pyramid scheme dubbed OneCoin. In a bid to send a strong message to the cryptocurrency community around the world, Damian Williams, the United States Attorney for the southern district of New York, announced on Tuesday that Karl
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Karl Sebastian Greenwood, the co-founder of OneCoin, who pleaded guilty in December, has been sentenced to 20 years in prison. Karl Sebastian Greenwood, one of the key architects behind the OneCoin pyramid scheme that defrauded investors out of $4 billion, has been handed a 20-year prison sentence. The ruling was issued
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Karl Greenwood, co-founder of OneCoin with Ruja Ignatova, was sentenced in the United States to 20 years in prison and ordered to pay $300 million on Sept. 20. Ignatova remains at large.Greenwood, who is a citizen of the United Kingdom and Sweden, was sentenced in the U.S. District Court for the
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