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Dr. Ruja Ignatova is the name that is left behind in the crypto community as one of the biggest scammers in history. The amiable woman was able to pull off such a large-scale scam on a global level that many others are still able to top the chart. She managed to convince millions of investors from 175 different countries to invest their money into a scam coin.
She introduced herself as the Crypto Queen and made a great impression in the minds of investors who trusted her with their money. The project called One Coin that was going to be bigger than Bitcoin and a BTC killer was nothing more than a shit coin. It is interesting to note that there was no blockchain infrastructure or setup for the said virtual coin.
Dr. Ruja Ignatova introduced herself in high esteem as an Oxford graduate, and this factor alone provided her with the trust of the people around the globe. She made her first big sales pitch at the Wembley Arena in the United Kingdom. Here she was able to make such a great impression on the people that she raised, from the status of an investment consultant to a crypto market celebrity.
In a series of promotional campaigns for the fake coin called OneCoin, she was invited to speak to investors in Macau, Dubai, Singapore and made many friends. Many magazines approached her, and TV channels contacted her for interviews. She soon got wind that the FBI is investigating her and make arrangements for an urgent escape.
Law Enforcement Agencies have Failed to Arrest Crypto Queen
When Dr. Ruja Ignatova was due for a public appearance in Lisbon, she told her brother that she has got hold of a big passport and vanished. Her brother Konstantin Ignatov and co-founder of the OneCoin project Sebastian Greenwood, was taken into custody by the police soon after her disappearance. Her brother told police that she asked him for flights to Vienna, Austria, Greece, and Athens.
Both accomplices are charged with money-laundering violations and face up to 90 years in prison. According to some theories, the Crypto Queen is not alive anymore. While some claim that she is in hiding and living under disguise in places like Germany, Bulgaria, or Russia. After four years of journalist research and intelligence inquiries, there is still no official trace of her.