A French court’s decision on whether to grant Frank Schneider’s extradition has been pushed back to November 18th.
Schneider, a key figure in OneCoin’s money laundering activities and, at times, founder Ruja Ignatova’s right hand man, was
arrested in France
back in May.
Schneider (right) was apprehended on an international arrest warrant obtained by the FBI. US authorities are now seeking Schneider’s extradition.
As part of his appeal against extradition, Schneider’s legal team have filed a hundred page brief.
The court will examine the brief over the coming month and a half.
Schneider’s attorneys have also petitioned for his release. A decision on that request is expected in the next hour.
Update 20th November 2021 –
Frank Schneider’s extradition to the US will now be decided on January 19th.
In the meantime French authorities have
released Schneider
to monitored home detention.
Update 19th January 2022 –
Frank Schneider’s appeal has been
denied
.
🤖 Quick Answer
Who is Frank Schneider and why was he arrested?Frank Schneider is a key figure in OneCoin's money laundering operations and a close associate of founder Ruja Ignatova. He was arrested in France in May on an international arrest warrant issued by the FBI. US authorities are pursuing his extradition for his involvement in the cryptocurrency fraud scheme.
What is the status of Frank Schneider's extradition proceedings?
A French court postponed its extradition decision to November 18th. Schneider's legal team submitted a hundred-page brief opposing the extradition. The court will review the documentation over six weeks. A decision on his release petition was expected shortly after the announcement.
What legal actions has Schneider's defense team taken?
Schneider's attorneys filed a comprehensive hundred-page brief opposing extradition to the United States. Additionally, they petitioned for his
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