Frank Schneider is accused of being involved in fraudulent cryptocurrency OneCoin. Photo:  Shutterstock

Frank Schneider is accused of being involved in fraudulent cryptocurrency OneCoin. Photo:  Shutterstock

The extradition to the United States of former Luxembourg intelligence service agent Frank Schneider looks more likely after a French court upheld a previous decision favouring the US justice department.

Schneider is charged with fraud and money laundering in the US due to his involvement in the OneCoin cryptocurrency scandal. The Luxembourger has admitted to having worked for Ruja Ignatova, believed to be behind the crypto ponzi scheme. He was even added to the FBI’s Ten Most Wanted Fugitives List at one stage.


Read also


demands to extradite the former SREL agent in January. On 11 October the Paris court of appeal upheld the ruling. It is now up to French prime minister Élisabeth Borne to green light the extradition, after which Schneider can appeal the decision once more.