OneCoin Founder Ruja Ignatova Is Back After 5 Years

Ruja
Ignatova has become extremely popular with international investigative bodies
in recent years. She has made it onto the FBI’s list of the ten most wanted
criminals and has been named by Europol as one of the most wanted fugitives.

Ignatova
and her business partner Sebastian Greenwood launched the OneCoin
cryptocurrency in 2014, advertising it as the future ‘bitcoin
Bitcoin

While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that

While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term killer’. OneCoin
turned out to be one of the largest cryptocurrency scams in history, spreading
to 175 countries where investors lost an estimated $5 billion.

According
to US court documents, the pyramid scheme’s services may have been used by 3
million people at its peak, with total revenue of almost $4 billion between
2014 and 2016.

Investors
were attracted by the vision of high, even tenfold, returns on their initial
investment. However, most of them never saw their money again, and Ignatova and
Greenwood disappeared in 2017. The accomplice was arrested in July 2018 in
Thailand and extradited to the United States. He will be sentenced in
April this year and faces 20 years in prison.

A year
later, Ignatova’s nephew, Konstantin Ignatova, who tried to run a further financial pyramid scheme after his sister’s escape, was also put behind bars.
He will be sentenced next month and is charged with money laundering
Money Laundering

Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund

Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund
Read this Term and fraud
conspiracy.

In 2020, the
US court convicted Mark Scott, OneCoin’s former lawyer. Scott allegedly
helped to launder $400 million of Ignatova’s fraudulently acquired money and
received more than $50 million in commission for his involvement.

Ruja
Ignatova has become extremely popular with international investigative bodies
in recent years. She has made it onto the FBI’s list of the ten most wanted
criminals and has been named by Europol as one of the most wanted fugitives.

Ignatova
and her business partner Sebastian Greenwood launched the OneCoin
cryptocurrency in 2014, advertising it as the future ‘bitcoin
Bitcoin

While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that

While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term killer’. OneCoin
turned out to be one of the largest cryptocurrency scams in history, spreading
to 175 countries where investors lost an estimated $5 billion.

According
to US court documents, the pyramid scheme’s services may have been used by 3
million people at its peak, with total revenue of almost $4 billion between
2014 and 2016.

Investors
were attracted by the vision of high, even tenfold, returns on their initial
investment. However, most of them never saw their money again, and Ignatova and
Greenwood disappeared in 2017. The accomplice was arrested in July 2018 in
Thailand and extradited to the United States. He will be sentenced in
April this year and faces 20 years in prison.

A year
later, Ignatova’s nephew, Konstantin Ignatova, who tried to run a further financial pyramid scheme after his sister’s escape, was also put behind bars.
He will be sentenced next month and is charged with money laundering
Money Laundering

Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund

Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund
Read this Term and fraud
conspiracy.

In 2020, the
US court convicted Mark Scott, OneCoin’s former lawyer. Scott allegedly
helped to launder $400 million of Ignatova’s fraudulently acquired money and
received more than $50 million in commission for his involvement.