Currencies33620
Market Cap$ 3.59T+2.47%
24h Spot Volume$ 67.24B+8.80%
DominanceBTC60.66%-0.39%ETH9.05%+3.55%
ETH Gas2.02 Gwei
Cryptorank
MainNewsMissing ‘Cry...

Missing ‘Cryptoqueen’ Behind $4,000,000,000 OneCoin Fraud May Never Be Found: Report


by The Daily Hodl

The infamous scammer behind the $4 billion OneCoin fraud allegedly worked with a prolific drug kingpin, according to a new report.

Ruja Ignatova, a Bulgarian woman known as the “Cryptoqueen,” started OneCoin in 2014 and operated the company as a multi-level marketing (MLM) network.

Ignatova falsely claimed the project maintained a private blockchain, and the fraud reportedly lured in more than 3.5 million victims.

Ignatova has been a fugitive since 2017 and was placed on the FBI’s Ten Most Wanted list in 2022. A February 2023 report from BIRD, a Bulgarian investigative journalism outlet, indicated she may have been murdered at the order of suspected drug lord Hristoforos ‘Taki’ Amanatidis.

BIRD cited documents found at the home of a former top Bulgarian police officer, Lyubomir Ivanov, after he was murdered last year.

A new report from the BBC indicates US government lawyers said Ignatova employed Amanatidis as her head of security. A different US government lawyer reportedly said in court that the head of security was “involved in the disappearance” of Ignatova.

The BBC also reports that leaked Europol documents indicate police suspect Taki used OneCoin’s financial network to launder drug money.

The FBI says it will pay out a $250,000 reward for information leading to Ignatova’s arrest.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Missing ‘Cryptoqueen’ Behind $4,000,000,000 OneCoin Fraud May Never Be Found: Report appeared first on The Daily Hodl.

Read the article at The Daily Hodl

Read More

$947,000 Allegedly Stolen From Wells Fargo ATM Machines As Employee Scrambles To Cover Trading Losses: Report

$947,000 Allegedly Stolen From Wells Fargo ATM Machines As Employee Scrambles To Cover Trading Losses: Report

A former Wells Fargo employee in California is reportedly facing charges over allegat...
36,659 Americans Warned As Data Breach May Have Exposed Names, Addresses, Social Security Numbers, Health Records, Bank Account Numbers and More

36,659 Americans Warned As Data Breach May Have Exposed Names, Addresses, Social Security Numbers, Health Records, Bank Account Numbers and More

A cybersecurity incident may have exposed sensitive personal, health and financial re...
MainNewsMissing ‘Cry...

Missing ‘Cryptoqueen’ Behind $4,000,000,000 OneCoin Fraud May Never Be Found: Report


by The Daily Hodl

The infamous scammer behind the $4 billion OneCoin fraud allegedly worked with a prolific drug kingpin, according to a new report.

Ruja Ignatova, a Bulgarian woman known as the “Cryptoqueen,” started OneCoin in 2014 and operated the company as a multi-level marketing (MLM) network.

Ignatova falsely claimed the project maintained a private blockchain, and the fraud reportedly lured in more than 3.5 million victims.

Ignatova has been a fugitive since 2017 and was placed on the FBI’s Ten Most Wanted list in 2022. A February 2023 report from BIRD, a Bulgarian investigative journalism outlet, indicated she may have been murdered at the order of suspected drug lord Hristoforos ‘Taki’ Amanatidis.

BIRD cited documents found at the home of a former top Bulgarian police officer, Lyubomir Ivanov, after he was murdered last year.

A new report from the BBC indicates US government lawyers said Ignatova employed Amanatidis as her head of security. A different US government lawyer reportedly said in court that the head of security was “involved in the disappearance” of Ignatova.

The BBC also reports that leaked Europol documents indicate police suspect Taki used OneCoin’s financial network to launder drug money.

The FBI says it will pay out a $250,000 reward for information leading to Ignatova’s arrest.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Missing ‘Cryptoqueen’ Behind $4,000,000,000 OneCoin Fraud May Never Be Found: Report appeared first on The Daily Hodl.

Read the article at The Daily Hodl

Read More

$947,000 Allegedly Stolen From Wells Fargo ATM Machines As Employee Scrambles To Cover Trading Losses: Report

$947,000 Allegedly Stolen From Wells Fargo ATM Machines As Employee Scrambles To Cover Trading Losses: Report

A former Wells Fargo employee in California is reportedly facing charges over allegat...
36,659 Americans Warned As Data Breach May Have Exposed Names, Addresses, Social Security Numbers, Health Records, Bank Account Numbers and More

36,659 Americans Warned As Data Breach May Have Exposed Names, Addresses, Social Security Numbers, Health Records, Bank Account Numbers and More

A cybersecurity incident may have exposed sensitive personal, health and financial re...