The post Is Cryptoqueen Ruja Ignatova Alive and Hiding in South Africa? (Report) appeared on BitcoinEthereumNews.com.

One of the most popular individuals in the crypto world (and not for good reasons), Ruja Ignatova, also known as the “Cryptoqueen,” is the founder of the fraudulent scheme OneCoin, which embezzled over $4 billion from victims. Ignatova is considered the mastermind of the scam, but her whereabouts have remained unknown since she was last spotted in Greece in 2017. Many conspiracy theories indicate that she might be dead or hiding on a luxurious yacht in the Mediterranean Sea. The latest investigation suggested that she could have found shelter in Cape Town, South Africa. The Search Goes on Ignatova is wanted by multiple law enforcement agencies for her main role in the crypto scam called OneCoin. For instance, the US Federal Bureau of Investigation (FBI) has placed her on its Ten Most Wanted Fugitives list and is offering a reward of up to $5 million for information leading to her arrest. Despite the scarce details surrounding the “Cryptoqueen” since her disappearance, recent reports indicated that she might be hiding in the affluent suburb of Cape Town, South Africa – Constantia.  It is worth mentioning that her brother – Konstantin Ignatov – spent some time in the city prior to his arrest in 2019. He was detained in Los Angeles and pleaded guilty to multiple charges for his leadership role in OneCoin.  Ignatov was released in March this year after cooperating with US prosecutors and agreeing to forfeit $118,000 in ill-gotten gains. Earlier this year, he regretted taking part in OneCoin calling it “the biggest mistake in his life.” However, he did not share any information on the potential hiding spot of his sister.  OneCoin was a fraudulent crypto scheme that operated between 2014 and 2017. It was promoted as a superior cryptocurrency, comparable to Bitcoin (BTC), with promises of high…

---

Filed under: News - @ November 23, 2024 7:22 pm