Published by
Reuters
Reuters
By Kanishka Singh and Jody Godoy (Reuters) -A federal judge in New York sentenced the co-founder of the purported cryptocurrency OneCoin to 20 years in prison on Tuesday for what prosecutors called a $4 billion fraud. U.S. District Judge Edgardo Ramos in Manhattan sentenced Karl Sebastian Greenwood, a dual citizen of Sweden and the United Kingdom, who pleaded guilty to fraud and money laundering charges in December 2022. Ramos also ordered Greenwood to forfeit $300 million. Greenwood has been detained in New York since his 2018 arrest in Thailand and extradition to the United States over his r…