Express

​OneCoin Co-founder Sebastian Greenwood is Now Set to Face Justice

Amy Liu

Summary: OneCoin co-founder Sebastian Greenwood and US prosecutors informed Manhattan Judge Edgardo Ramos that the two sides are currently discussing a plea deal for Greenwood, who was indicted in 2018 for charges relating to his involvement in the OneCoin Ponzi scheme. Greenwood is currently facing five charges including money laundering, fraud, and conspiracy. Greenwood was responsible ...

OneCoin co-founder Sebastian Greenwood and US prosecutors informed Manhattan Judge Edgardo Ramos that the two sides are currently discussing a plea deal for Greenwood, who was indicted in 2018 for charges relating to his involvement in the OneCoin Ponzi scheme. Greenwood is currently facing five charges including money laundering, fraud, and conspiracy. Greenwood was responsible for pitching OneCoin and soliciting new investments in the project, which eventually defrauded billions from investors worldwide. He operated out of Sweden during his time with OneCoin, and was arrested in Thailand in 2018. Greenwood is in jail in Manhattan as he awaits his trial.

By Amy Liu

Last Update:

Tags: ,,
Link: ​OneCoin Co-founder Sebastian Greenwood is Now Set to Face Justice   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 1 day ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 5 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 7 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 9 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 12 days ago

    • You need to login to comment.