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OneCoin co-founder pleads guilty to fraud, money laundering charges

( December 16, 2022, 23:46 GMT | Official Statement) -- MLex Summary: Karl Greenwood, who co-founded OneCoin with Ruja Ignatova, pleaded guilty in Manhattan federal court to wire fraud and money laundering charges in connection with his participation in the massive OneCoin fraud scheme, the US Department of Justice said. OneCoin, which began operations in 2014 and was based in Sofia, Bulgaria, marketed and sold a fraudulent cryptocurrency by the same name through a global multi-level-marketing network. Statement and criminal information follow below: ...

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