Onecoin and Ruja Ignatova

Ruja Ignatova, also known as the “Cryptoqueen,” is a fugitive accused of masterminding a $4 billion Ponzi scheme through her cryptocurrency company, OneCoin. Here are some key points about the victims of her alleged scam ¹ ²:
– *Estimated 3 million victims*: According to the public prosecutor’s office in Bielefeld, Germany, approximately 3 million people were affected by the OneCoin pyramid scheme.
– *Financial losses*: Victims claim to have lost hundreds of thousands to millions of dollars, with some testimonies revealing financial devastation and emotional distress.
– *400 victims petitioned the UK High Court*: In August 2023, 400 victims petitioned the UK High Court to freeze Ignatova’s assets, leading to a Worldwide Freezing Order against her and her accomplices.
– *Victim testimonials*: Some victims, like Jen McAdam, have shared their experiences, revealing how they were lured into investing in OneCoin through false promises and marketing tactics.

The UK High Court of Justice froze Ignatova’s assets, along with those of her accomplices, including Sebastian Greenwood, Christopher Hamilton, and Robert MacDonald, who allegedly helped launder funds ². Ignatova’s brother, Konstantin Ignatov, pleaded guilty to money laundering and fraud in 2019 and cooperated with US investigators ³.