Hey crypto fans! William Morro, connected to the OneCoin crypto scheme, got arrested and charged with bank fraud by the US Department of Justice 🚨. They say he shifted $35 million from China to Hong Kong in 2016, and moved over $6 million to a US account he owned, as part of a scam.

Morro handed himself over to authorities and confessed to one count of conspiracy to commit bank fraud. He's out until his sentencing hearing on August 1.

This case highlights why it's crucial to do your homework in the crypto world. What are your thoughts on this? Share in the comments! 🗨️

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