OneCoin Co-founder Greenwood Handed 20-Year Sentence, Ignatova Remains Elusive

Karl Greenwood, a key figure behind the cryptocurrency company OneCoin, has received a 20-year jail term in the United States. On September 20, the U.S. District Court for the Southern District of New York also ruled that Greenwood must pay back $300 million. His business partner, Ruja Ignatova, is yet to be captured. Holding dual citizenship in the United Kingdom and Sweden, Greenwood faced charges in the United States. The Justice Departments U.S. Attorney Damian Williams labeled OneCoin as an unparalleled fraudulent scheme. Evidently, the operation deceived approximately 3.5 million...


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