Co-Founder of Notorious OneCoin Ponzi Scheme Receives a 20-Year Prison Term

Cryptoqueen's accomplice, Karl Sebastian Greenwood, co-founder of OneCoin, just received a 20-year prison sentence for his role in the infamous crypto scam

Greenwood reaped $300 million from OneCoin's Ponzi scheme, indulging in designer clothes, luxury trips on private jets, and even buying a Sunseeker yacht

Facing 60 years in prison, Greenwood begged for forgiveness, admitting his involvement in defrauding innocent victims. He eventually pleaded guilty in December 2022

Founded by the enigmatic Cryptoqueen Ruja Ignatova, OneCoin swindled over $4 billion from global investors. It posed as a 'Bitcoin Killer,' deceiving countless individuals

Irina Dilkinska, head of legal and compliance, faces a potential 40-year sentence for wire fraud and money laundering. Gilbert Armenta, Ignatova's ex, received a 5-year prison term

While OneCoin execs serve time, the whereabouts of Cryptoqueen remain a mystery. Last seen in Athens in 2017, rumors swirl of her hiding on a Mediterranean yach

Ignatova landed on the FBI's "Ten Most Wanted Fugitives" list in 2022, with a $100,000 bounty for her capture