Frank Schneider’s extradition to the US is on hold, pending the outcome of an appeal.

A decision on Schneider’s extradition was supposed to have been made on Wednesday July 21st.

As reported by Luxembourg publication Wort, Schneider, anticipating his extradition, has filed an appeal with the Nancy Court of Appeal.

According to the terms of the decision, consulted by our colleagues from  L’Est Républicain , the French judges wish “to obtain clarifications from the United States” on the rights which the former agent of the SREL would benefit from in the event of transfer overseas. Atlantic.

Schneider (right) was
picked up by French authorities
whilst on a leisure trip from neighboring Luxembourg in late April.

Schneider was an integral part of the OneCoin Ponzi money laundering network. He is believed to have been indicted and is likely facing a plethora of criminal charges in the US.

Schneider’s indictment is believed to be been filed under seal. It is unlikely details of the indictment will be made public until Schneider is in the custody of US authorities.

Pending submission of the requested clarifications from the FBI, a followup hearing has been scheduled for September 23rd.

In the meantime Schneider will remain in the custody of French authorities.

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

Why is Frank Schneider's extradition to the United States delayed?
Frank Schneider filed an appeal with the Nancy Court of Appeal in France, which suspended his extradition proceedings. French judges requested clarifications from the United States regarding the legal rights and protections Schneider would receive if transferred overseas, pending their review of these assurances.

Who is Frank Schneider and why is he facing extradition?
Frank Schneider is a former agent of the SREL who was arrested by French authorities in late April while on leisure travel from Luxembourg. He is implicated in the OneCoin Ponzi scheme, a major money laundering network that defrauded numerous investors globally through cryptocurrency fraud.

What was the original extradition deadline?
The French court was scheduled to issue a decision on Schneider's extradition on Wednesday, July 21st. However, this deadline was

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