Sebastian Greenwood and the DOJ have reached an agreement on his OneCoin trial scheduling.

As per a letter motion filed on June 21st, a May 2023 trial date was requested.

The court endorsed the request on June 23rd, scheduling Greenwood’s OneCoin trial for May 15th, 2023.

Beyond working towards consented to dates (the trial date is just one of many dates agreed on), there’s no indication that Greenwood is assisting the DOJ with other OneCoin related proceedings.

Certainly the fact that there’s a trial at all and not a plea agreement seems to confirm this.

As the highest OneCoin executive facing trial in the US, whether Greenwood ultimately proceeds to trial will be interesting to follow.

I suppose given we’re probably talking decades in prison (effectively the rest of Greenwood’s natural life) either way, there’s nothing much to lose rolling the dice on a trial.

Update 17th December 2022 – 
Karl Greenwood
pled guilty to wire fraud and money laundering charges
on December 16th, 2022.

Update 13th September 2023 – 
Sebastian Greenwood has been
sentenced to 20 years in prison
.


🤖 Quick Answer

When was Sebastian Greenwood's OneCoin trial scheduled?
Sebastian Greenwood's OneCoin trial was scheduled for May 15th, 2023, following an agreement between Greenwood and the Department of Justice. The court endorsed the trial date request on June 23rd after a motion was filed on June 21st.

Has Sebastian Greenwood cooperated with the DOJ in OneCoin proceedings?
There is no indication that Sebastian Greenwood is assisting the DOJ with other OneCoin-related proceedings beyond the agreed trial date. The decision to proceed to trial rather than negotiate a plea agreement suggests he has not cooperated with authorities.

What is Greenwood's status in the OneCoin case?
Sebastian Greenwood is the highest-ranking OneCoin executive facing trial in the United States. He faces potential decades in prison if convicted in connection with the OneCoin cryptocurrency fraud scheme


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