Diesen Artikel teilen
OneCoin Co-Conspirator Frank Schneider Faces Money-Laundering Charges
The charges were revealed in an indictment that was unveiled this week.
Von Camomile Shumba
Frank Schneider, an alleged participant in OneCoin's $4 billion Ponzi scheme, is facing charges of wire fraud and money laundering, according to a 2020 indictment unsealed this week in the U.S. District Court for the Southern District of New York.
Launched in Bulgaria in 2014, OneCoin fraudulently branded itself as a cryptocurrency, telling investors that the token could be mined and had real value when in reality it didn't exist on the blockchain. The founder, Ruja Ignatova – known as the "CryptoQueen" – earned a spot on the FBI's Ten Most Wanted Fugitives list this past summer. She remains at large, with a recent investigation suggesting she has friends in high places.
STORY CONTINUES BELOW
Verpassen Sie keine weitere Geschichte.Abonnieren Sie noch heute den State of Crypto Newsletter. Alle Newsletter ansehen
A Luxembourg national whose intelligence firm did work for OneCoin, Schneider was arrested in France in 2021 and has been fighting extradition to the U.S.
Co-accused U.K. national Christopher Hamilton, who faces similar charges to Schneider, in August lost a plea in his home country to avoid extradition to the U.S., while his fellow countryman Robert McDonald managed to avoid extradition on human rights grounds.
Mark Scott, the lawyer behind OneCoin, was found guilty in the U.S. of laundering $400 million for the Ponzi scheme in 2019.
Read more: The Missing CryptoQueen Has Friends in (Very) High Places
Mehr für Sie
Was Sie wissen sollten:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Mehr für Sie
SEC Approves U.S.’ Second Crypto Index ETP with Bitwise’s BITW
The Bitwise 10 Crypto Index Fund now trades on NYSE Arca, joining the ranks of gold and oil funds in regulated exchange products.
Was Sie wissen sollten:
- The Bitwise 10 Crypto Index Fund (BITW) has received SEC approval to trade as an exchange-traded product on NYSE Arca.
- BITW offers diversified exposure to the 10 largest cryptocurrencies, including Bitcoin and Ether, and is rebalanced monthly.
- This approval marks a significant milestone for crypto indices, potentially attracting more institutional investment.
Top Stories
