August 10, 2022

The online is closing in on Ruja Ignatova, self-styled Crypto Queen and founding father of OneCoin, after Europol put her on its most-wanted checklist.

Ignatova was the founding father of OneCoin, which was billed as a substitute for bitcoin however was truly a pyramid-style rip-off that grew to become one of many greatest frauds in historical past.

Now the State Prison Police Workplace of North Rhine-Westphalia (LKA-NRW) and the Federal Prison Police (BKA) have launched a public seek for Ignatova.

“Dr. Ruja Ignatova, Physician of Legislation, is suspected of being the driving pressure and mental inventor of the supposed cryptocurrency ‘OneCoin’ to have prompted buyers worldwide to speculate on this truly nugatory forex,” learn BKA’s assertion. 

Interpol additionally released a pink discover that learn “Ruja Ignatova, dubbed ‘the Cryptoqueen,’ is needed by Germany’s BKA for fraud and cash laundering.” Along with the pink discover, there’s a financial reward of as much as 5,000 euros for info resulting in the arrest of Ignatova. 

OneCoin founder lacking since 2017

The BKA report famous that the final public look of Ignatova was at Athens airport in Oct 2017. She was met by two Russian-speaking males on the airport after which vanished with out a hint. The BKA hypothesizes that Ignatova may need altered her facial look by means of cosmetic surgery and resides in plain sight.

To this point most of Ignatova’s alleged collaborators have both been arrested or jailed, together with OneCoin’s co-founder Karl Sebastian Greenwood, Ignatova’s brother Konstantin, her company lawyer Mark Scott and her lover, Gilbert Armenta. 

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Journalist Mike Bartlett has been on the hunt for the 41-year-old Bulgarian, a rustic that subsequently stripped her of her nationality, since 2019.

“She is likely one of the greatest criminals on the planet,” mentioned Bartlett, who places her scheme as second solely to that of Bernie Madoff. “White-collar crime is usually not seen as severe as violent crime. However this rip-off concerned at the least a number of billion kilos of individuals’s cash, leading to folks going bankrupt and households destroyed in each nook of the world,” he advised Vice.  

Manhunt organized

A public manhunt on the ZDF program Aktenzeichen XY is being organized in collaboration with the LKA, Interpol and Europol. The efforts of regulation enforcement companies have been hailed as a transfer in the appropriate course to deliver Ignatova to justice.

OneCoin was based in 2014 by Ignatova and Sebastian Greenwood with buyers advised that the brand new cryptocurrency was “quicker, safer and cheaper” than bitcoin. Regulatory authorities rapidly smelled a rat and started issuing warnings to the general public in opposition to making investments within the undertaking.

In 2015, Bulgaria’s Monetary Supervision Fee issued a warning of the potential dangers related to OneCoin. Shortly after, companies in Sweden, Norway, Finland, and Latvia issued related warnings with some beginning the prosecutions of people linked to OneCoin.

It was described by the Each day Mirror as a “get-rich-quick scheme rip-off” whereas The Instances referred to it as “one of many greatest scams in historical past”. 

Ignatova’s brother, Konstantin was arrested with Greenwood they usually each pleaded responsible to the costs of cash laundering and fraud however the “Crypto Queen” stays on the run.


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