Global Asset Freeze Targets Missing ‘Cryptoqueen’ and OneCoin Associates
The post Global Asset Freeze Targets Missing ‘Cryptoqueen’ and OneCoin Associates appeared on BitcoinEthereumNews.com.
TLDR Ruja Ignatova, known as the “Cryptoqueen,” has been hit with a global asset freeze order by a UK court. The freeze is part of a group action brought by over 400 OneCoin investors seeking compensation. OneCoin was a $4.5 billion cryptocurrency scam, and Ignatova has been missing since 2017. The freezing order also targets seven other individuals and four companies allegedly connected to OneCoin. US authorities are offering a $5 million reward for information leading to Ignatova’s arrest. Ruja Ignatova, the elusive figure behind the $4.5 billion OneCoin cryptocurrency scam, has been hit with a global asset freeze order by the UK’s High Court of Justice. Known as the “Cryptoqueen,” Ignatova has been missing since 2017 when she was last seen boarding a Ryanair flight to Athens, Greece. The freezing order, made public on August 7, 2024, is part of a group action brought by more than 400 OneCoin investors seeking compensation for their losses. The order prevents Ignatova’s assets from being sold or moved, potentially paving the way for victims to recover some of their investments. Ruja Ignatova, Source: Facebook/Dr.RujaIgnatova Jennifer McAdam, who spearheads the group action, lost over £200,000 along with her friends and family in the OneCoin scheme. “I have seen first hand the toll this fraud has taken on so many lives,” McAdam stated. “The stories of victims are utterly heart-breaking and the financial ruin they have been left in is unbearable.” The scope of the freeze extends beyond Ignatova, targeting seven other individuals and four companies allegedly connected to OneCoin. Among those named are Sebastian Greenwood, OneCoin’s co-founder, who is currently serving a 20-year sentence in a US prison for his role in the fraud. British businessmen Christopher Hamilton and Robert MacDonald, accused by US authorities of laundering OneCoin proceeds, are also subject to…
Filed under: News - @ August 8, 2024 8:20 pm