It appears that William Morro, another individual involved with OneCoin, has been arrested for his role in a scheme related to sourcing funds for the cryptocurrency. He allegedly misrepresented the origins of these funds to banks, transferring large sums to Hong Kong and U.S. accounts. This follows the sentencing of OneCoin co-founder Karl Sebastian Greenwood to 20 years in prison and the forfeiture of approximately $300 million.