The word ‘crypto’ is sometimes used in the form of an honorific within the cryptocurrency community. As an example, Hester Pierce, who is a member of the Securities and Exchange Commission of the US, is known as Crypto Mom. This is as she has shown consistent support for assets that are digital.
Ruja Ignatova is responsible for creating OneCoin. This has turned out to be nothing more than a Ponzi scheme. The law enforcement revealed that the OneCoin she created ended up defrauding more than 3 million investors.
The Crimes of Ruja Ignatova
Ruja Ignatova has swindled more than $4 billion from her investors. She has also been accused of trying to bribe the Presidents of Bulgaria and Serbia, as well as other things.
The FBI has made it so that that Ignatova can now say that she is one of the most wanted people in the country. The FBI has put out a reward of $100,000 to anyone who can provide information that leads to Ignatova’s arrest. The last time anyone saw Ignatova was in Athens. That was around the year 2017.
Europol also consider Ignatova to be one of the most wanted people they’re looking for. Ignatova was raised in Germany. And she has a PhD in Economics. There was once a time when she was known for throwing fancy parties as well as dressing elegantly.
But now, OneCoin is facing a class-action lawsuit. Her brother as well as her associates have also been brought to trial. At the same time, movies and documentaries are also being made on Ruja Ignatova.