Friday, 24 March, 2023
Co-Founder Of Multi-Billion-Dollar Cryptocurrency Pyramid Scheme “OneCoin” Pleads Guilty

<p>Co-founder of fraudulent cryptocurrency OneCoin pleads guilty to wire fraud and money laundering charges. Prosecutors say he helped operate one of the largest international fraud schemes in history. OneCoin's growth was fueled by multilevel marketing, in which members received commissions for recruiting others to purchase packages. The purported cryptocurrency co-founded by Ruja Ignatova and Greenwood was worthless, prosecutors say.</p> <quillbot-extension-portal></quillbot-extension-portal>
Read full story at Economic Time
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