TL;DR Breakdown OneCoin co-founder, Karl Greenwood, sentenced to 20 years for running a massive crypto pyramid scheme. Scheme originated in Bulgaria in 2014, deceiving investors of over $4 billion between 2014 and 2016. Greenwood earned more than $300 million, representing 5% of all OneCoin sales. Description In a dramatic conclusion to one of the world’s most infamous crypto scams, OneCoin’s co-founder, Karl Greenwood, has been dealt a 20-year prison sentence. As the mastermind behind this multi-billion-dollar pyramid scandal, Greenwood pulled the wool over the eyes of millions of unsuspecting investors globally. The Rise and Fall of a Dubious Empire Hailing from … Read more In a dramatic conclusion to one of the world’s most infamous crypto scams, OneCoin’s co-founder, Karl Greenwood, has been dealt a 20-year prison sentence. As the mastermind behind this multi-billion-dollar pyramid scandal, Greenwood pulled the wool over the eyes of millions of unsuspecting investors globally. The Rise and Fall of a Dubious Empire Hailing from Bulgaria in 2014, OneCoin’s promise was simple: heralded as the next big thing in the cryptocurrency sphere, akin to the popular…