Ruja Ignatova, who is notoriously known as the “Cryptoqueen,” has evaded capture for five years and authorities are still clueless as to the whereabouts of the woman behind the infamous OneCoin Ponzi scheme.
The Bulgarian national who is now included on the list of top 10 most wanted fugitives of Federal Bureau of Investigation (FBI) managed to find her way out of joint attempts for arrest by U.S. and European law enforcement way back in October 2017.
After five years, the German court and prosecutor assigned to the case still awaits the appearance of the Cryptoqueen who, according to rumors, was last seen fleeing to Greece to seek refuge from the all-out efforts for her capture.
But much like other individuals like Terra’s Do Kwon who were involved in alleged crypto-related scams, Ignatova seems to be pulling all the right strings to remain hidden and stay out of the grasp of authorities.
Cryptoqueen’s OneCoin Scam
Even without a functioning blockchain to show for, the Cryptoqueen, impressively, managed to convince over 3 million individuals across more than 100 countries to invest in her companies – OneCoin Ltd and OneLife Network Ltd.
Ignatova enticed these people with the OneCoin cryptocurrency which she claimed was mineable and was more than abundant in supply (around 120 billion). She further lured them with promises such as the asset works like just any other crypto and can be used as payment.
It turned out the digital asset…
