OneCoin

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OneCoin was a digital currency scheme widely recognized as a fraudulent Ponzi scheme. Founded by Ruja Ignatova in 2014, it was marketed as a cryptocurrency, but in reality, lacked the fundamental blockchain technology characteristic of genuine cryptocurrencies. Instead of functioning as a decentralized ledger, OneCoin's transactions and coin creation were internally managed and opaque. The scheme promised significant returns and incentivized existing investors to recruit new participants. It garnered billions worldwide before authorities exposed its operations. The OneCoin scandal highlighted the risks of emerging digital currencies and the importance of thorough due diligence in the cryptocurrency sector.

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OneCoin Co-Founder Karl Greenwood Sentenced to 20 Years in Prison
U.S. District Judge Edgardo Ramos also ordered Greenwood to forfeit $300 million, the approximate amount he pocketed from the scheme.
(Shutterstock)

(Wikimedia)
Bulgarian Woman Charged in $4B Crypto Fraud Case, Extradited to U.S.
Irina Dilkinska co-founded an alleged Pyramid scheme called OneCoin.
(Wikimedia)

New documents suggest OneCoin co-founder Ruja Ignatova may have been murdered as long ago as 2018. (OneCoin Corporation)
Was OneCoin’s Missing Cryptoqueen Murdered by Mobsters?
New documents may reveal Ruja Ignatova’s grim fate, and stand as a bleak warning for other crypto scammers.
New documents suggest OneCoin co-founder Ruja Ignatova may have been murdered as long ago as 2018. (OneCoin Corporation)

FTX Bankruptcy Update; Co-Founder of OneCoin Pyramid Scheme Pleads Guilty
FTX Bankruptcy Update; Co-Founder of OneCoin Pyramid Scheme Pleads Guilty
A judge ruled that media companies including the New York Times and Bloomberg will be allowed to formally plead for FTX to publish the full list of as many as a million of its...
FTX Bankruptcy Update; Co-Founder of OneCoin Pyramid Scheme Pleads Guilty

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Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; ‘CryptoQueen’ Still Wanted
Karl Greenwood has admitted to federal wire fraud and money laundering charges in the $4 billion OneCoin scam, the U.S. Department of Justice says.
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An indictment was unsealed against OneCoin co-conspirator Frank Schneider this week. (Sasun Bughdaryan/ Unsplash)
OneCoin Co-Conspirator Frank Schneider Faces Money-Laundering Charges
The charges were revealed in an indictment that was unveiled this week.
An indictment was unsealed against OneCoin co-conspirator Frank Schneider this week. (Sasun Bughdaryan/ Unsplash)

BBC Investigation Reveals New Details About OneCoin Pyramid Scheme
BBC Investigation Reveals New Details About OneCoin Pyramid Scheme
A long-term BBC investigation has discovered OneCoin, which fraudulently branded itself as a cryptocurrency, received significant support from high-ranking government leaders...
BBC Investigation Reveals New Details About OneCoin Pyramid Scheme

Ruja Ignatova (OneCoin Corporation)
The Missing CryptoQueen Has Friends in (Very) High Places
With evidence of complicity at the very highest levels of government, the BBC’s years-long investigation into the OneCoin pyramid scheme returns.
Ruja Ignatova (OneCoin Corporation)

(Peter Dazeley/Getty Images)
British National Accused in OneCoin Scam Set to Face US Extradition: Report
Co-accused Robert McDonald avoided extradition on human rights grounds.
(Peter Dazeley/Getty Images)

Ruja Ignatova (OneCoin Corporation)
FBI Adds OneCoin Founder Ruja Ignatova to Its Most Wanted List
Ignatova is accused of defrauding investors out of more than $4 billion via a crypto Ponzi scheme.
Ruja Ignatova (OneCoin Corporation)