Frank Schneider, a Luxembourg national who was arrested in France in 2021 and has been charged with wire fraud and money laundering, is facing wire fraud and money laundering charges, according to the U.S. District Court for the Southern District of New York. Fighting for extradition to the United States. In August, a British judge rejected an application by associates of the OneCoin founder to delay his extradition to the United States. Foresight News noted that OneCoin founder Ruja Ignatova was on the European wanted list for alleged fraud. She called herself "Cryptoqueen" and launched OneCoin in 2014. She disappeared after being exposed as a Ponzi scheme in 2017. OneCoin Globally, the damage could run into the billions of dollars.