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The Queen of Cryptocurrencies: How Ruja Ignatova Scammed Billions and Disappeared
Ruja Ignatova was one of the biggest scammers in the crypto world. As the founder of OneCoin, she promised extraordinary returns and built a fraud empire that deceived investors worldwide.
The Rise: From Zero to Myth
Ignatova called herself the “Queen of Cryptocurrencies” and traveled the world giving fascinating lectures. Her most powerful weapon: charisma. She constantly repeated that OneCoin was the “Bitcoin killer” and that in two years no one would talk about Bitcoin anymore. Investors fell into the trap.
The Plot of Deception
OneCoin was a pure and hard Ponzi scheme. While it promoted unprecedented returns, the real business was recruiting new investors to pay the previous ones. The scam moved billions in assets.
The Outcome: Disappearance in 2017
In 2017, when investigations were closing, Ignatova simply disappeared. She left behind a massive legal chaos, ruined investors, and a legacy of fraud that remains one of the largest in crypto history.
The Lesson
This story is a brutal reminder: in the unregulated world of cryptocurrencies, Due Diligence is your only shield. Promises of guaranteed profits, charismatic leadership, and aggressive marketing… are the classic warning signs of a scam.