๐จ๐ Biggest Scam in Crypto History: ONECOIN ๐จ๐
๐ Overview:
- ONECOIN was a massive pyramid scheme operating from 2014 to 2018.
- Founded by Ruja Ignatova in 2014, it falsely promised high returns through a digital currency.
๐ Global Impact:
- The scam spread to many countries, including Pakistan, England, and Switzerland.
- In 2017, international authorities declared it a scam, as it wasnโt a true cryptocurrency.
๐ Financial Fraud:
- Total Amount Defrauded:Over $4 billion.
- Ruja Ignatova is now on the FBI's top ten fugitive list, being the only woman on it.
Keep this as a reminder of the importance of caution in the crypto world.
#onecoinmultiplechains #SOFR_Spike #US_Job_Market_Slowdown #VanEck_SOL_ETFS