[ad_1]
Considered one of many co-founders of the $4 billion OneCoin crypto pyramid scheme has been sentenced to twenty years in jail.
Karl Sebastian Greenwood co-founded the infamous fraud with Ruja Ignatova, extensively known as the “Cryptoqueen.”
Greenwood and Ignatova started OneCoin in 2014 and operated the company as a multi-level promoting (MLM) group. They falsely claimed the enterprise maintained a private blockchain, and the fraud reportedly lured in further than 3.5 million victims.
Greenwood, a citizen of the UK and Sweden, was moreover ordered to pay higher than $300 million value of forfeiture, based mostly on a model new press launch from the U.S. Division of Justice (DOJ).
Ignatova, the chief of the rip-off, has been a fugitive since 2017 and was positioned on the FBI’s Ten Most Wished guidelines in 2022. A February report from BIRD, a Bulgarian investigative journalism outlet, indicated she may have been murdered on the order of acknowledged drug lord Hristoforos ‘Taki’ Amanatidis.
BIRD cited paperwork found on the residence of a former excessive Bulgarian police officer, Lyubomir Ivanov, after he was murdered last 12 months. Nonetheless, the report’s data is simply not authenticated and the details about Ignatova’s demise keep the subject of speculation.
The FBI says it’ll pay out a $100,000 reward for information leading to Ignatova’s arrest.
Don’t Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Check Price Movement
Adjust to us on Twitter, Fb and Telegram
Surf The Every day Hodl Mix
Generated Image: Midjourney
