{"id":85869,"date":"2023-09-13T00:11:58","date_gmt":"2023-09-13T04:11:58","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85869"},"modified":"2023-09-13T02:06:27","modified_gmt":"2023-09-13T06:06:27","slug":"co-founder-of-4-billion-crypto-fraud-scheme-gets-20-years-in-prison-cryptoqueen-partner-remains-at-large","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2023\/co-founder-of-4-billion-crypto-fraud-scheme-gets-20-years-in-prison-cryptoqueen-partner-remains-at-large.html","title":{"rendered":"Co-founder of $4 billion crypto fraud scheme gets 20 years in prison, \u2018Cryptoqueen\u2019 partner remains at large"},"content":{"rendered":"\n<p>(CNBC) The co-founder of the fraudulent <strong>OneCoin<\/strong> cryptocurrency, a massive pyramid scheme that amassed more than <strong>$4 billion<\/strong> from millions of investors worldwide, was sentenced Tuesday to 20 years in prison. Karl Greenwood, 46, who orchestrated the multibillion-dollar multilevel marketing con, pleaded <a rel=\"noreferrer noopener\" href=\"https:\/\/www.justice.gov\/usao-sdny\/pr\/co-founder-multi-billion-dollar-cryptocurrency-pyramid-scheme-onecoin-pleads-guilty\" target=\"_blank\">guilty<\/a> in December to wire fraud and money laundering charges. His partner, Ruja Ignatova, 43, known as the \u201cCryptoqueen\u201d on the FBI\u2019s Top 10 <a rel=\"noreferrer noopener\" href=\"https:\/\/www.fbi.gov\/wanted\/topten\/ruja-ignatova\/@@download.pdf\" target=\"_blank\">Most Wanted<\/a> list, remains at large.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/09\/12\/cryptoqueen-partner-gets-20-years-prison-in-4-billion-ponzi-fraud.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The co-founder of the fraudulent OneCoin cryptocurrency, a massive pyramid scheme that amassed more than $4 billion from millions of investors worldwide, was sentenced Tuesday to 20 years in prison. Karl Greenwood, 46, who orchestrated the multibillion-dollar multilevel marketing [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85869","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85869"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85869\/revisions"}],"predecessor-version":[{"id":85870,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85869\/revisions\/85870"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}