News with the tag "cryptoqueen"

The U.S. Department of State is offering up to $5,000,000 in rewards for information on one of crypto’s biggest mysteries. In a statement, the government says it’s looking for information from the public that would lead to the arrest and/or conviction of German national Ruja Ignatova, one of the key...

The infamous scammer behind the $4 billion OneCoin fraud allegedly worked with a prolific drug kingpin, according to a new report. Ruja Ignatova, a Bulgarian woman known as the “Cryptoqueen,” started OneCoin in 2014 and operated the company as a multi-level marketing (MLM) network. Ignatova falsely ...

The brother of the infamous “Cryptoqueen” fugitive has reportedly been released from a US prison for his role in the $4 billion OneCoin crypto fraud. Bloomberg reports that Konstantin Ignatov, the brother of Ruja Ignatova, received a sentence of 34 months behind bars – time that he had already serve...

The former head of legal and compliance at OneCoin faces up to 10 years in prison for her role in the $4 billion crypto trading scheme.

A London-headquartered law firm is preparing a lawsuit against the fugitive mastermind of the Onecoin crypto pyramid scheme, ‘Cryptoqueen’ Ruja Ignatova. Its lawyers intend to file a class action suit in the United Kingdom’s High Court, the British press revealed. Fugitive Cryptoqueen May Face U.K. ...

A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly lying in court. Judge Not Convinced in Onecoin Lawyer’s...

The OneCoin scam saga has continued to linger despite it being years since it took place, and this time around, a lawyer who was involved in the pyramid scheme has received a rather shocking response from the court. OneCoin Lawyer Denied Retrial According to a report by Bloomberg, a US court has den...

Mark Scott, a lawyer accused of laundering $400 million in the infamous OneCoin cryptocurrency scam in 2019 has been denied a new trial. According to a report from Bloomberg, the motion seeking a fresh trial was declined by the court despite the defendant citing several legal mistakes including fals...

One of the co-founders of the $4 billion OneCoin crypto pyramid scheme has been sentenced to 20 years in prison. Karl Sebastian Greenwood co-founded the infamous fraud with Ruja Ignatova, widely known as the “Cryptoqueen.” Greenwood and Ignatova started OneCoin in 2014 and operated the company as a ...

One of the founders of the crypto pyramid Onecoin, British and Swedish national Karl Greenwood, has been sentenced to 20 years in prison in the United States. Greenwood was the architect of the scam’s multi-level marketing structure and served as Onecoin’s global master distributor. Cryptoqueen Ruja...