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ONE COIN CO-FOUNDER SENTENCED TO 20 YEARS AND FINED $300 MILLION

theblock.co2 min read

Summary from the TLDR Crypto newsletter

Karl Sebastian Greenwood, OneCoin co-founder, was sentenced to 20 years and fined $300 million for defrauding 3.5 million investors in 2014. Co-founder Ruja Ignatova remains on the run after making the FBI’s Top Ten Most Wanted list in 2022.