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OneCoin Greenwood Gets 20 Years Sentence For Fraud After Cited Mafia Case to Seal Letters

By Matthew Russell Lee, Patreon Podcast Filing

SDNY COURTHOUSE, Sept 12 -- For scam crypto currency OneCoin, on September 12, 2023 Judge Ramos sentenced co-founder Sebastian Greenwood to twenty years in prison. Inner City Press was there and live tweeted, thread here:

AUSA Folly: This is the culmination. OneCoin was a fraud

Folly: We request 30 years. This was the largest - $4 billion in losses, worldwide. In Madoff, 90% was returned. Here, near zero.

Judge: What was he doing before? Folly; 2014, an earlier fraud, Bigcoin, with Ignaotva. OneCoin was worse. It used MLM

 Folly: Madoff ripped off thousands [of victims], Greenwood, millions. 30 years, we request.

Greenwood's lawyer Potter: He waived Speedy Trial. He has already paid for his crimes. Consider his humanity. He deserves a time served sentence.

Potter: We submitted 33 letters [each and every one sealed in full] He was far from his family. He's not eligible for good time credit. Ebbers did not plead guilty, and was released after 13 years.

Greenwood: What I did was wrong. I passed out in Thailand. I prayed

Greenwood: Then I was in MCC. When I stand here [He is sitting. He is reading] Greenwood: I am sorry. I exploited their cryptocurrency drrams. This did not have to be my life.

 Judge Ramos: Mr Greenwood, I sentence you to 240 months [Twenty years] for this massive fraud

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