Ruja Ignatova, the current CEO and founder of The OneCoin Company, has a background in marketing and psychology. She graduated from the University of National and World Economy in Sofia, Bulgaria with a degree in Economics.
After working in various industries, she eventually started her own marketing company which quickly became one of the leading firms in Eastern Europe. It was during this time that she began to develop her interest in digital currencies.
In 2014, Ruja Ignatova launched OneCoin, a digital currency that allows users to make instant payments online. The company was proven to be a complete scam, and Ruja Ignatova disappeared – presumably with hundreds of millions (if not billions) of dollars.
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What happened to Ruja Ignatova?
It’s been a while since we’ve heard from Ruja Ignatova, the founder of OneCoin. So what has she been up to lately?
As it turns out, not much. In fact, she seems to have disappeared completely.
In October 2016, Ruja Ignatova, the “visionary” and leader of OneCoin, suddenly disappeared. This left behind a community of over three million people who had invested in the company, many of whom were left feeling betrayed and confused.
This is strange, considering that Ignatova was once a very public figure. She was always happy to give interviews and promote her company. But now, she seems to have vanished without a trace.
So what could have happened to her?
There are several theories floating around. One is that she is simply laying low after coming under scrutiny from financial regulators. Another is that she has run off with the millions of dollars that investors put into her scheme.
Whatever the case may be, one thing is for sure: Ignatova is no longer running OneCoin. And that’s bad news for everyone who was involved with the company.
If you invested in OneCoin, chances are you’ve lost a lot of money. And if you were recruited by someone to sell the coins, you may have put your own reputation on the line.
Either way, it’s a frustrating situation. But it’s important to remember that scams like this happen all the time. So if you’ve been duped by OneCoin, don’t feel too bad – you’re certainly not alone.
While some have labelled her a scam artist and a con woman, there are others who believe that she is still alive and will one day return to lead OneCoin to glory.
Whatever the truth may be, one thing is for sure: Ignatova’s disappearance has left a lasting impact on those who believed in her and her vision.
Who ran OneCoin?
Ignatova is a former beauty queen who was born in Bulgaria. She has been involved in various MLM companies, and is the founder of OneCoin. OneCoin is a digital currency that can be used for transactions on a private blockchain.
The company claims that the coin is mined through a process of “mining” blocks of data on the blockchain, similar to how bitcoins are mined. However, there is no public evidence that such mining takes place. OneCoin has been criticized by financial regulators and law enforcement agencies for being a Ponzi scheme.
In 2019, Ignatova was indicted by US prosecutors on charges of wire fraud, money laundering, and securities fraud. She is currently a fugitive and is believed to be hiding in Bulgaria.
OneCoin exit scam
In 2016, Ruja Ignatova, the founder of OneCoin, was indicted by the US Department of Justice on charges of wire fraud, securities fraud, and money laundering. If convicted, she faces up to 20 years in prison.
Ignatova allegedly defrauded investors out of billions of dollars through her involvement in OneCoin, a digital currency scheme that promised investors massive returns but delivered nothing more than worthless virtual tokens.
OneCoin was founded in 2014 and quickly grew into a multi-billion dollar Ponzi scheme. By the time Ignatova was indicted, OneCoin had amassed over $4 billion from approximately 3 million victims around the world.
Ignatova allegedly promised investors that they could get rich quick by investing in OneCoin, and that the value of the digital currency would skyrocket in the near future. She also allegedly lied about OneCoin’s ties to major banks and financial institutions, and falsely claimed that the digital currency was backed by real assets.
In reality, there was no way for investors to make money from OneCoin, and the digital currency was not backed by any real assets. The only people who profited from the scheme were Ignatova and her co-conspirators, who used investor funds to finance their lavish lifestyles.
If you invested in OneCoin or know someone who did, you may be able to recover your losses through a class action lawsuit or individual claim against Ruja Ignatova or other members of the OneCoin scheme.
For more information about your legal rights, please contact a class action attorney or consumer protection lawyer today.
This article is provided for informational purposes only and is not intended as legal advice. You should consult with an attorney if you have any questions about your legal rights or options.
Is Ruja Ignatova still missing?
There is still no sign of Ruja Ignatova, the founder of the controversial cryptocurrency firm OneCoin. She has been missing since October 2017, and her whereabouts are still unknown.
This has led to speculation about her possible whereabouts, with some believing that she may have fled the country and others suggesting that she may have been kidnapped or worse.
Whatever the case may be, her disappearance remains a mystery and it is unclear what happened to her.
How did Ruja Ignatova disappear?
Rumors about Ruja Ignatova’s disappearance began circulating almost as soon as she vanished in late October 2017. Some said she had been arrested by the Chinese government; others claimed she was in hiding, either to avoid arrest or because she was planning her next scam.
The most popular theory, however, is that Ignatova is dead. This seems to be supported by the fact that no one has seen or heard from her in over two years. Her social media accounts have been inactive since September 2017, and her last known whereabouts were in Dubai.
If Ignatova is indeed dead, it’s still unclear what happened to her. Did she die of natural causes? Was she murdered? Or did she take her own life?
At this point, it’s impossible to say for sure. But one thing is certain: Ruja Ignatova was a master manipulator, and her disappearance has left many people wondering what really happened to her.
How much did OneCoin steal?
It is believed that OneCoin stole approximately $4 billion from investors worldwide. Of this, $3.35 billion is estimated to have been stolen from victims in China alone. Overall, OneCoin is thought to be responsible for defrauding investors out of billions of dollars.
Does OneCoin still exist?
OneCoin is still around, though it has undergone some changes. The company rebranded itself as ONE in early 2018 and has been working to distance itself from the controversial cryptocurrency. However, many people remain skeptical of the company and its practices.
The Missing Cryptoqueen Book
In September 2018, Dr. Ruja Ignatova, the founder of OneCoin, a digital currency investment scheme that promised astronomical returns, disappeared. She left behind a trail of victims who had invested their life savings in her scam, and a $4 billion mystery.
What happened to Dr. Ruja? Where is she now? And what became of the millions of people who invested in her scheme?
These are questions that journalist Jamie Bartlett set out to answer in his new book, The Missing Cryptoqueen.
Bartlett’s investigation takes him from Bulgaria to London to New York, and along the way he meets some of the people who were scammed by OneCoin, as well as those who are still trying to keep the scheme going.
The Missing Cryptoqueen is a fascinating tale of greed, deception, and the dangers of investing in something you don’t fully understand. It’s also a reminder that if something sounds too good to be true, it probably is.
What is Bitcoin?
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto, and started in 2009 when its source code was released as open-source software.
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Research produced by University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.
On 1 August 2017, a hard fork of bitcoin was created, known as Bitcoin Cash. Bitcoin Cash has a larger block size limit and had an identical blockchain at the time of fork. On 24 October 2017 another hard fork, Bitcoin Gold, was created. Bitcoin Gold changes the proof-of-work algorithm used in mining, as the developers felt that mining had become too specialized.
As of May 2018, the total value of all existing bitcoins exceeded 100 billion US dollars, with millions of dollars worth of bitcoins exchanged daily. Bitcoin is pseudonymous, meaning that funds are not tied to real-world entities but rather bitcoin addresses. Owners of bitcoin addresses are not explicitly identified, but all transactions on the blockchain are public.
In addition, transactions can be linked to individuals and companies through “idioms of use” (e.g., transactions that spend coins from multiple inputs indicate that the inputs may have a common owner) and corroborating public transaction data with known information on owners of certain addresses. Additionally, bitcoin exchanges, where bitcoins are traded for traditional currencies, may be required by law to collect personal information. To heighten financial privacy, a new bitcoin address can be generated for each transaction.
As of 2014, BTC is the most widely used form of payment for e-commerce and online retail sites. Companies such as Microsoft, Dell, Newegg and Overstock.com accept bitcoins as payment. In 2014, the company launched an exchange for customers to buy and sell bitcoin in US dollars.
In October 2013, the FBI seized roughly 26,000 BTC from website Silk Road during the arrest of alleged owner Ross William Ulbricht. Two companies, Robocoin and Bitcoiniacs launched the world’s first bitcoin ATM on 29 October 2013 in Vancouver, BC, Canada, allowing clients to sell or purchase bitcoin currency at a downtown coffee shop.
In September 2012, Bitfloor, a bitcoin exchange, reported being hacked, with 24,000 bitcoins (worth about US $250,000) stolen. As a result, Bitfloor suspended operations. The same month, Bitfloor resumed operations; its founder said that he reported the theft to FBI, and that he plans to repay the victims, though the time frame for repayment is unclear.
On 15 May 2013, US authorities seized accounts associated with Mt. Gox after discovering that it had not registered as a money transmitter with FinCEN in the US. On 23 June 2013, the US Drug Enforcement Administration (DEA) listed bitcoins as a seized asset in a United States Department of Justice seizure notice pursuant to 21 U.S.C. 881.
This marked the first time a government agency had seized bitcoin. The FBI seized about 26,000 bitcoins in October 2013 from the dark web website Silk Road during the arrest of Ross William Ulbricht. Bitcoin’s price rose to $755 on 19 November and crashed by 50% to $378 the same day.
On 30 November 2013 the price reached $1,163 before starting a long-term crash, declining by 87% to $152 in January 2015. On 5 December 2013, the People’s Bank of China prohibited Chinese financial institutions from using bitcoins. After the announcement, the value of bitcoins dropped, and Baidu no longer accepted bitcoins for certain services. Buying real-world goods with any virtual currency had been illegal in China since at least 2009.
The bottom line on Ruja Ignatova
The case of Ruja Ignatova is a fascinating one. No one knows where she is, and she very well may be dead.
Of course, she could be hiding out, or she may have undergone extensive plastic surgery. No matter what the case is – the case remains a huge mystery.
