The Rise and Fall of the Cryptoqueen: Ruja Ignatova's OneCoin Saga
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In 2016, Ruja Ignatova dazzled audiences as the self-proclaimed "Cryptoqueen" in a stunning burgundy gown, promising a revolution in cryptocurrency to rival Bitcoin. 🌟 Investors were captivated by her vision of OneCoin, touted to be the next big thing in digital currency. 💰
🔍 Point 1: The Rise of OneCoin
Ignatova claimed OneCoin would outshine Bitcoin, drawing billions from global investors.
She promised extravagant returns, fueling a frenzy akin to gold rush days.
📉 Point 2: The Scheme Unravels
By 2017, cracks appeared as investors struggled to cash out.
Media scrutiny and investigations exposed OneCoin as a massive Ponzi scheme.
👩⚖️ Point 3: Ignatova's Disappearance
Ignatova vanished in October 2017, boarding a plane from Sofia, Bulgaria, and hasn't been seen since.
She faces multiple charges including wire fraud and money laundering.
💸 Point 4: The Fallout
OneCoin collapsed, leaving investors with worthless coins.
Co-conspirators faced arrests and legal battles.
🌍 Point 5: Global Hunt
Ignatova is on the FBI's Most Wanted list, believed to travel with armed guards.
Authorities suspect she may have undergone plastic surgery to evade capture.
🔒 Point 6: Legal and Financial Ramifications
Prosecutors describe OneCoin as one of the largest fraud schemes, defrauding investors of over $4 billion.
The legal saga continues with ongoing investigations and trials.
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