Self-proclaimed “cryptoqueen” Ruja Ignatova, the founder of OneCoin, a ponzi scheme disguised as a cryptocurrency, has been added to Europe’s most wanted list for allegedly scamming investors for up to $5 billion in 2017. Europol Have Added Ignatovo to Its Most Wanted List Europol is offering a 5,000 Euro reward for information leading to Ruja Ignatova’s arrest on fraud charges for promoting a fake cryptocurrency and scamming billions out of it. RED NOTICE: Ruja Ignatova, dubbed ‘the Cryptoqueen’, is #wanted by Germany @bka for fraud and money laundering. A reward is offered for information leading to the arrest of the co-founder of the alleged cryptocurrency ‘OneCoin’ in hiding since 2017. https://t.co/vz1hwxok9p pic.twitter.com/jvGb8pg6gz — INTERPOL (@INTERPOL_HQ) May 11, 2022 Identified by BBC as one of the biggest scams in crypto history, OneCoin was launched by Ignatova in 2014 who promoted it as a “Bitcoin killer”. After its launch Ignatova managed to raise money from investors in 175 different countries before fleeing to Athens, Greece in 2017, shortly after OneCoin was found to be a full-fledged scam. People Connected to Ignatova are Under Charges OneCoin’s business model functioned like a typical financial ponzi scheme. For instance, it involved selling educational cryptocurrency trading packages to its members, who were incentivised with commissions to sell to yet more new members. Ignatova has evaded law enforcement...
