Crypto Queen Ruja Ignatova Vanished with $4B

Ruja Ignatova — one of the most wanted women in the world. She created the OneCoin crypto scheme, leading to billions of dollars in investor losses

Ruja Ignatova was born in Bulgaria in 1980 and received her law degree in Germany

In 2014, she founded OneCoin, promoting it as a revolutionary cryptocurrency and a lucrative investment

OneCoin attracted investors with promises of high returns. People worldwide invested their savings, believing in the success

However, doubts about the company's legitimacy soon arose

By 2017, it became clear that OneCoin was a Ponzi scheme

Investors could not withdraw their money, and investigators discovered that blockchain technology did not exist at all

The financial pyramid scheme Onecoin emerged in July 2014. The startup Ruzhi's promise is a cryptocurrency “understandable to anyone”

Depositors were offered to buy so-called “training packages” that supposedly included the cryptocurrency and instruction on how it worked

The cost of such packages ranged from a few hundred to 118 thousand euros

In October 2017, Ruja Ignatova suddenly disappeared. She hasn't been seen since

Numerous investigative agencies worldwide launched investigations, and Ignatova was placed on international wanted lists

It's believed that Ruja Ignatova and her associates defrauded investors out of billions of dollars from over 170 countries

This scam became one of the largest in cryptocurrency history

Ignatova's whereabouts remain a mystery. There are various theories about where she might be, but no confirmed information

Her brother, Konstantin Ignatov, was arrested in 2019 and is cooperating with authorities

This story reminds us of the importance of caution when investing in new financial projects, especially cryptocurrencies. Always verify information and stay vigilant

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