India freezes digital assets WazirX, linked with Binance The developers of Shiba Inu have announced a new mobile game Binance received a subpoena over Elon Musk's refusal to buy Twitter The New York authorities fined the crypto platform Robinhood for $30 million North Korean hackers forge CVs to join U.S. crypto companies A new unknown investor bought bitcoins for $3 billion Binance employee claims loss of 90% of customers and billion dollars in revenue MetaMask users face a phishing attack Unknown hacked almost 8 thousands crypto wallets on Solana

Europol: €5000 for information about the OneCoin crypto project owner

Europol: €5000 for information about the OneCoin crypto project owner

Ruja Ignatova, the founder of a Ponzi scheme known as OneCoin, is on Europol's list of most wanted criminals.

According to Europol, the woman encouraged investors around the world to invest in a “worthless currency.” The OneCoin pyramid scheme was created in 2014, and its creators presented the project as a revolutionary solution to financial problems. Many investors continued to invest in it even after the founders were sued.

OneCoin co-founder and Ignatova's brother, Konstantin Ignatov, testifies against Ruja in another case brought by U.S. authorities.  He escaped a 90-year prison sentence since the parties reached an amicable settlement. 

Europol offers a €5000 reward for information about the fraudster's current location.

The U.S. Attorney's Office believes that the creators of OneCoin received $4 billion from defrauded investors. According to other reports, the total amount of damage was €15.4 billion. Ignatova dropped out of investors' sight in 2017. Before creating OneCoin, she was engaged in the development of another project, which also turned out to be a scam. Investors of the so-called BigCoin lost about $50 million.

Subscribe to our Telegram channel for the most relevant, interesting, and informative news from the crypto industry.

Is there an error in the article?
To report