Such is taken who believed to take – Bitcoin Sheik, Bitcoin Pharaoh : crypto-scandals follow and look alike. On the menu today: the Crypto-queen and her scam acolytes OneCoin. Indeed, the Onecoin Ponzi was compared to the german courts et 3 people involved in the case must answer for their actions. Who are these individuals? What are the charges? Where’s the deal?
Three accused of the OneCoin Ponzi in front of the German justice
These are therefore three defendants who went before the German courts this October 18, 2022. Among these people is a Munich lawyer and a couple, a man and a woman. Justice accuses the lawyer of having transferred 19.7 million dollars via the Cayman Islands. The latter is related to Ruja Ignatova and is said to have bought two flats in London following the transfer.
The couple is accused of having manipulated 315.4 million dollars of OneCoin payments. However, still no news from the main fugitive behind the OneCoin Ponzi scheme. Ruja Ignatova, the « Crypto-queen »is still at large.
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Big Crypto Ponzi’s Fugitive Principal Still Running
Ruja Ignatova is behind the OneCoin scam. German and Bulgarian, she created this company. The scam guaranteed gargantuan returns in exchange for substantial investments. The project then proposed to its investors to be promoters of the sign in exchange for rewards. The rewards and returns on investments are obviously drawn from the reserves provided by customers thinking of investing.
The platform was not even based not on a blockchain. It thus indicated that the blockchain was “private”. Ces fake coins reached 68 paysled to the extortion of $3.53 billion and enabled Ruja Ignatova and companies to garner up to $2.53 billion of profits. On March 6, 2019, authorities arrested Constantin Ignatova, the brother of the Crypto-queen. He was being sued as an officer of OneCoin.
Then, in May 2022, the “queen of cryptos” joined the list of Europol’s most wanted fugitives. The latter offering 5,000 euros to anyone who can provide valid leads. A month later, in June 2022, she joined the top 10 fugitives and most wanted by the FBI. In cavale, the Crypto-queen to disappeared since 2017 and was last seen in Athens.
The former lawyer and the couple will therefore have to answer the charges. Fraud, money laundering, banking crime: in all, these are 335.1 million dollars which would have been manipulated by the accused. But, the main fugitive of the OneCoin Ponzi, one of the most wanted thugs in the world, Ruja Ignatova, is still at large. Justice is therefore always chasing Ponzi scams, and it has not finished chasing them. If you are wondering if Bitcoin is one of them, we invite you to read this relevant article on the subject: Is Bitcoin a Ponzi scheme?
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