Co-founder of OneCoin Pyramid Scheme Pleads Guilty, ‘CryptoQueen’ Still Wanted

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One of the people behind massive fraud OneCoin pleaded guilty to U.S. federal crimes today, according to the TheJusticeDept. His partner, the “CryptoQueen,” remains on the FBI most-wanted list. jesseahamilton reports

fraudulent from its 2014 beginnings

“Karl Sebastian Greenwood operated one of the largest international fraud schemes ever perpetrated,” said Damian Williams, U.S. attorney for the Southern District of New York. “Greenwood and his co-conspirators, including fugitive Ruja Ignatova, conned unsuspecting victims out of billions of dollars, claiming that OneCoin would be the ‘Bitcoin killer.’”

 

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