Karl Greenwood's co-founder Ruja Ignatova, known as the 'Cryptoqueen' on the FBI's Top 10 Most Wanted list, remains at large, the DOJ said.
Greenwood's sentence was imposed by federal Judge Edgardo Ramos in U.S. District Court in lower Manhattan.
Greenwood, the top distributor, received 5% of all OneCoin sales — raking in more than $300 million in total, the DOJ said. The co-founders and others lied repeatedly to their investors, including by claiming that OneCoin's value was determined by market forces when, in reality, its price was set "arbitrarily," authorities said.
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Co-founder of $4 billion crypto ponzi scheme gets 20 years in prison, 'Cryptoqueen' partner remains at largeKarl Greenwood's co-founder Ruja Ignatova, known as the 'Cryptoqueen' on the FBI's Top 10 Most Wanted list, remains at large, the DOJ said.
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