William Morro Charged in OneCoin Fraud, Pleads Guilty

William Morro has been arrested and charged by the United States Justice Department in relation to the OneCoin cryptocurrency scheme. Based on the filings on April 23 in the U.S. District Court for the Southern District of New York, Morro is accused of helping in a transfer of $35 million from China-based bank accounts to Hong Kong in 2016, in the name of the OneCoin operation.