Key accomplice of ‘Cryptoqueen’ goes missing during house arrest

Former “Cryptoqueen” counselor Ruja Ignatova has mysteriously disappeared from the radar just before his scheduled extradition to the United States. He is suspected of serious charges, including fraud and money laundering. This unexpected turn casts a shadow of uncertainty and new questions.

Frank Schneider involved in OneCoin scam?

Frank Schneider is accused of collaborating with lawyers and public relations firms to support the shady operations of the infamous OneCoin scam, which was labeled fraudulent by the Justice Department labeled.

US prosecutors allege Schneider passed confidential police information to Ignatova, allowing her to avoid arrest for her involvement in the $4 billion crypto scam.

Schneider’s disappearance and doubts about due process

According to a BBC report, Schneider disappeared without a trace while under house arrest in France. The authorities have confirmed that Schneider, former head of Luxembourg’s intelligence service, managed to evade electronic surveillance despite wearing an ankle bracelet.

If found guilty of his alleged involvement in the OneCoin scheme, Schneider faces up to 40 years in prison. However, the former spy doubts whether he will receive a fair trial in the United States.

During a 2022 interview with The Missing Cryptoqueen podcast, Schneider stated:

“I am afraid that I will not receive a fair trial in a legal system in which I can adequately defend myself. The system is strongly based on so-called plea bargaining. For me that is already a problem, because I honestly believe that I am innocent… So I wonder what would happen if I went to the United States.”

Although Schneider worries about his fate, his former boss, Ignatova, is still on the loose. However, there are reports claiming that she fell victim to a murder by the Bulgarian mafia in 2018.

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