Former ‘Cryptoqueen’ adviser Ruja Ignatova has reportedly disappeared just before his extradition to the US to face charges of fraud and money laundering.
Frank Schneider allegedly coordinated with lawyers and public relations firms to support the operation of the infamous OneCoin scam, which was deemed fraudulent by the Justice Department.
US prosecutors are accusing Schneider of handing over confidential police information to Ignatova, which helped her evade arrest for her role in the $4 billion crypto scheme.
According to a BBC report, Schneider went missing while under house arrest in France. Authorities also confirmed that Schneider, who is also the former head of operations for Luxembourg’s intelligence service, evaded electronic surveillance despite being fitted with an ankle bracelet.
Schneider faces up to 40 years in prison if found guilty of his alleged participation in the OneCoin scheme, but the former spy doubts he will receive a fair trial in the US.
Said Schneider during a 2022 interview with The Missing Cryptoqueen Podcast,
“I fear that I have not been given access to a legal system in which I can properly defend myself. The system is strongly based on so-called plea-negotiation. Now, for me that’s already a problem, because I’m deeply convinced that I’m not guilty… So I’m a bit stuck on what would happen in the United States when I get there.”
Schneider’s boss Ignatova remains at large, but they are there reports claims she was killed in 2018 by the Bulgarian mafia.
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