Notorious OneCoin Founder Surfaces
LONDON, UK – Ruja Ignatova, the notorious founder of OneCoin, which duped investors out of millions, has surfaced on a London property listing’s documents, suggesting she may still be alive after vanishing in 2017.
Ignatova was named as the beneficiary of a Kensington penthouse sale owned by one of her shell companies based in Guernsey, a Channel island with little government oversight. Per British financial law, a property sale from a company must go to an individual, not another business entity.
Ignatova being named beneficiary suggests she is alive and liquidating assets bought with company profits, according to investigative reporter Jamie Bartlett, who produced the Crypto Queen podcast about OneCoin.
The cryptocurrency was not actively traded on the open markets, therefore no OneCoin publicly analyzed blockchain exists. The business’ sales came from its educational materials in an MLM scheme where buyers would recruit other buyers, increasing sales.
In 2014, the Bulgarian cryptocurrency founder, along with her co-founder, Sebastian Greenwood, created the infamous OneCoin token and promoted it as the “Bitcoin killer”. Investors were bamboozled out of millions of dollars and Ignatova went into hiding. By October 2017, had completely vanished. Investigators feared she may have had plastic surgery to change her appearance.
Ignatova is wanted for wire fraud, securities fraud, and money laundering, Ignatova is on the FBI’s top ten list.
The OneCoin scandal is the largest cryptocurrency scam in history, stealing $4 billion from investors. In comparison to other top crypto scams, Bitconnect stole $2.4 billion, Thodex stole $2.1 billion, FTX stole $1.8 billion.
