Accomplice of Fugitive 'Cryptoqueen' Sentenced to 20 Years in Prison for $4 Billion Global Scam.
Ruja Ignatova, a fugitive identified as the "cryptoqueen" and featured on the FBI's Top 10 Most Wanted list, remains at large while her business partner, Karl Sebastian Greenwood, aged 46, has been sentenced to a 20-year prison term. The duo is accused of defrauding 3.5 million customers of over $4 billion through the establishment of the fraudulent cryptocurrency OneCoin in 2014, according to United States prosecutors.
In 2017, Ignatova disappeared after boarding a flight in Bulgaria, leaving her associates to bear the responsibility for what the Department of Justice characterizes as "one of the largest fraud schemes ever perpetrated." Greenwood, now facing the consequences of his involvement, was recently sentenced to two decades of imprisonment and directed to pay $300 million in forfeiture by a New York federal court. The ongoing evasion of justice by Ignatova further underscores the severity and complexity of this intricate financial scam.
