HomeAltcoinThe Founder of the Crypto Onecoin Scam is Among Europe's Most Wanted...

The Founder of the Crypto Onecoin Scam is Among Europe’s Most Wanted Criminals.

-

Europol is aggressively searching for Ruja Ignatova, the originator of the OneCoin Ponzi scam. Since Wednesday, May 11, 2022, the latter has been one of Europe’s most sought fugitives. Indeed, Ruja Ignatova is at the helm of OneCoin, one of the greatest cryptocurrency frauds in history. She has also inspired the BBC, which has created “The Missing Cryptoqueen,” a series of podcasts on her adventure.

From Ponzi to Europe without going to Square Start, Onekoin

Ruja Ignatova has therefore been added to Europol’s most sought list. Officials from the criminal justice system suspect her of being the “driving force and intellectual originator” of OneCoin. It “has lured investors throughout the world to invest in this basically worthless money,” they claim.

OneCoin’s members were reliant on the sale of bitcoin trading educational packets. Each member was entrusted with selling these packs to even more new members in exchange for commissions. At its peak, OneCoin claimed to represent 3 million individuals worldwide. This indicates numerous victims.

As a result, US prosecutors in the Southern District of New York investigated OneCoin officials. In 2019, they were accused of wire fraud, securities fraud, and money laundering. Ruja Ignatova, her brother, Konstantin Ignatov, and Mark Scott were among the accused.

Ruja Ignatova’s inclusion on Europe’s most wanted list broadens the scope of the hunt. Europol is offering a monetary reward of €5,000 (about $5,250) for information leading to his arrest. This raises the probability that the police will be able to bring her to justice one day.

In 2019, a federal jury in Manhattan convicted Mark Scott of the crime. The following year, Konstantin Ignatov entered into a plea bargain. This implies that our “Cryptoqueen’s” brother will face no additional criminal accusations.

Leave a Reply

LATEST POSTS

Vasil’s hardfork is still 8 hours away; how will the ADA respond?

There are only a few hours remaining before the long-anticipated Vasil hardfork advances Cardano one step farther. Future network scalability improvements should be possible thanks to...

Shiba Eternity, a blockchain game, might raise prices.

The Shiba Inu is now less expensive. exactly like the rest of the cryptocurrencies, has decreased recently. Shytoshi Kusama, the company's creator, promised a tweet...

The SEC is carrying the wrong cards as a court decision over Ripple approaches.

The US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, and it appears that the case is developing. The deadline for both parties...

Terra Classic (LUNC) Do Kwon has left Singapore on the run ?

Contrary to the prevailing downward trend, Terra Classic is one of the few blockchains that may demonstrate a profit right now. Do Kwon, a co-founder of...

Follow us

0FansLike
3,505FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img
%d bloggers like this: