OneCoin was a fraudulent cryptocurrency marketed and sold to millions of victims worldwide, resulting in billions of dollars in losses. The “Missing Cryptoqueen” saga has dominated headlines since co-founders Ruja Ignatova and Karl Sebastian Greenwood launched the OneCoin cryptocurrency scam in 2014. On the other hand, Greenwood moved to Thailand, where he was arrested by the Royal Thai Police on the tropical island of Koh Samui in June 2018, extradited to the United States, and remanded in custody. Come down to know more about Sebastian Greenwood net worth, the latest news, and many more:
How much is Sebastian Greenwood net worth and earnings?
Sebastian Greenwood net worth: Greenwood was the global Master Distributor of OneCoin. The alleged fraudster launched OneCoin in 2014, with investors investing approximately 4 billion euros ($4.1 billion). However, Greenwood partner Ruja vanished in 2017, taking all the money with her. And her German partner Greenwood is suspected of stealing 88 million euros ($91.3 million).
So, according to police and fraud reports, Sebastian Greenwood net worth before his arrest was at least $1 billion. Greenwood, a Swedish and British citizen, was arrested in Thailand in 2018 and extradited to the United States.
Greenwood has previously worked in Singapore, Germany, and England. Knowing that he has worked in many different parts of the world demonstrates how these experiences have helped him become a leader who is acutely aware of people’s issues and administrative problems that arise in the process.
Karl Sebastian Greenwood, who pled guilty today for his participation in the multi-billion-dollar cryptocurrency pyramid scheme "OneCoin," introducing Ruja Ignatova at their "Coin Rush" event https://t.co/MZN17fsAuw pic.twitter.com/YM7yZ3YOFq— US Attorney SDNY (@SDNYnews) December 16, 2022
When and where the public face of OneCoin Greenwood was born? Wiki, Parents, Nationality, Education
Karl Sebastian Greenwood was born on December 26, 1976. He is currently 46 years old. Greenwood holds Swedish nationality. There is no more information available about his parents or family. Sebastian’s cosmopolitan education, which included studies in Sweden, the United States, Germany, and the United Kingdom, provided the foundation for his experience. His academic path proved to be ascending, culminating in a BA with honors in International Business and Management from London’s European Business School.
Sebastian’s forte is directing an organization through a specific strategy, but he also specializes in transactions, as well as the sales and marketing departments of a business, due to his extensive experience in the domain.
When and why is Greenwood in police custody?
Sebastian, the public face of OneCoin, is accused of involvement in a $400 million money-laundering indictment against Mark Scott. Greenwood vanished in 2016, just before the One Coin scam collapsed. Because new users were no longer earning money, the company stopped paying affiliate ROI requests.
Greenwood was arrested and detained in Thailand in 2018. He’s been imprisoned since and looks set to be imprisoned for a long time after pleading guilty to three criminal charges, including wire fraud and money laundering.
He is due to be sentenced on April 5, 2023, and experts believe he could face up to 40 years in prison for his involvement in the scheme. Dec 22, 2022.
When was Sebastian OneCoin’s partner Ruja last seen?
It is believed Ignatova stayed at the flat briefly in 2016 but has remained largely empty since then, with the I newspaper claiming it was occasionally visited by Ignatova’s brother Konstantin and Sebastian Greenwood, OneCoin’s co-founder. Both have pleaded guilty to fraud and money laundering charges in the US.
Ignatova was last seen publicly in 2017 after arriving incognito on the 7 am Ryanair flight to Athens from Sofia, Bulgaria. She’s now one of the world’s most wanted fugitives.
Where is Greenwood now? Latest news 2023
Sebastian, a Swedish and British citizen, pled guilty to one count of conspiracy to commit wire fraud, which carries a maximum potential sentence of 20 years in prison, one count of wire fraud, which carries a maximum potential sentence of 20 years in prison, and one count of conspiracy to commit money laundering, which carries a maximum potential sentence of 20 years in prison.
The maximum potential sentences are set by Congress and are provided here solely for informational purposes, as a judge will determine the defendant’s sentence. The sentencing hearing before Judge Ramos is set for April 5, 2023.