Ruja Ignatova referred to herself because the Crypto Queen and he or she’s now again within the highlight, at the very least form of, when information concerning the sale of a fancy London penthouse hogged the headlines.
Ignatova offered her firm, OneCoin, as a worthwhile competitor to Bitcoin within the increasing cryptocurrency sector.
In June 2016, bitcoin was an rising pattern and traders have been desperate to capitalize. In October of 2017, Ignatova utterly disappeared from public view.
That point, the 42-year previous Bulgarian-born German citizen crypto entrepreneur was within the preliminary levels of what would grow to be a $4 billion Ponzi scheme.
OneCoin was a phony cryptocurrency, and its founder, Ignatova, has been lacking for 5 years and is at the moment on the FBI’s 10 Most Wanted list. She can also be one in every of Europe’s most sought fugitives.
Picture credit score: YLE
Penthouse Sale Gave Crypto Queen Away
When an expensive London penthouse residence was marketed as on the market available on the market, it appeared that the “lacking crypto queen” was organizing a sale from underground.
In keeping with sources, a penthouse residence within the London district of Kensington, England, was posted on the market some days in the past for $15.5 million, then lowered to $13.6 million.
Senior prosecutor Gerald Ruebsam expects that the funds from the sale of the London penthouse might in the future be used to repay the victims of OneCoin.
“It’s not clear but whether or not cash will go to OneCoin traders, we have now to attend and see how issues progress.”
Knight Frank, a Status supplier of luxurious actual property, marketed the property however shortly eliminated the itemizing when it was found that Ignatova had ties to it.
Investigative reporter Jamie Bartlett mentioned:
“It suggests she remains to be alive, and there are paperwork on the market someplace which comprise important clues as to her current whereabouts.”
‘Idiots’ And ‘Insane’
Ignatova and her enterprise companion Sebastian Greenwood deceived crypto followers by stating their cryptocurrency token OneCoin could be a “Bitcoin Killer.”
In 2016, when traders clapped and whistled, she said, “In two years, no person will talk about Bitcoin anymore.”
OneCoin is among the largest worldwide fraud schemes ever perpetrated, federal officers mentioned.
In a press release, IRS Particular Agent John R. Tafur disclosed:
“The cryptocurrency OneCoin was established for the only goal of defrauding traders.”
Ignatova and Greenwood started selling the fraudulent coin to potential traders in 2014, promising a return of between fivefold and tenfold.
They referred to their traders as “idiots” and “insane” at one level.
$100,000 Bounty For Crypto Queen
The Crypto Queen is now the one girl on the FBI’s Most Needed listing.
Crypto whole market cap at $1 trillion on the weekend chart | Chart: TradingView.com
A be aware seems on the backside of her FBI wished poster:
“Ignatova is believed to journey with armed guards and/or associates. Ignatova might have had cosmetic surgery or in any other case altered her look.”
Sebastian Greenwood, co-founder of OneCoin, pled responsible in New York to fraud and cash laundering expenses in December 2022.
In the meantime, authorities are dangling a $100,000 reward for any info that will result in the arrest of the Crypto Queen.
Featured picture from The Telegraph