Crypto News, Cyber flash point about self-proclaimed Bitcoin killer, OneCoin. rise and fall of crypto star FBI most wanted, Ruja Ignatova.
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The rise and fall of ONE COIN and the hunt for Ruja Ignatova is a story of a massive cryptocurrency Ponzi scheme that attracted over $4 billion in investments. Dr. Ruja Ignatova, the charismatic founder of ONE COIN, presented it as a revolutionary cryptocurrency accessible to everyone. Investors were drawn in by her impressive credentials and persuasive presentations.
However, investigations revealed that ONE COIN lacked genuine blockchain technology and was a fraudulent scheme. Ignatova disappeared in 2017 and remains on the FBI's most wanted list. Her brother and co-founder, Sebastian Greenwood, and other accomplices have been arrested and sentenced.
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