20-Year Prison Term for OneCoin Co-Founder Karl Greenwood in Landmark Crypto Fraud Case
Karl Greenwood, the co-founder of infamous crypto scam OneCoin, has been sentenced to 20 years in prison by a New York judge. US District Judge Edgardo Ramos, who presided over Greenwood's sentencing, characterized the f...
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US District Judge Edgardo Ramos, who presided over Greenwood's sentencing, characterized the fraud in the OneCoin case as "massive in many respects" and likened it to "old-fashioned snake oil."
OneCoin lacked a blockchain, and had no real cryptocurrency or market for trading....
Read More: 20-Year Prison Term for OneCoin Co-Founder Karl Greenwood in Landmark Crypto Fraud Case
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