The World’s Most Wanted Woman

A video on YouTube. In Business & Money, a Krater category.

Summary by Krater

This video tells the story of Dr. Ruja Ignatova, who founded OneCoin, a multi-billion dollar cryptocurrency Ponzi and pyramid scheme. It covers her background, how she marketed the fake coin through multi-level marketing education packages, and how the scheme ultimately collapsed as authorities arrested key figures while Ruja remains missing.

From the video

Answers: What was the OneCoin cryptocurrency scam and how did Ruja Ignatova deceive investors?

OneCoin cryptocurrency scam
Ponzi scheme operation
Multi-level marketing
Ruja Ignatova biography
Fake blockchain technology
Financial fraud investigation

What it concludes

OneCoin was structured as a multi-level marketing Ponzi and pyramid scheme disguised as a cryptocurrency.
OneCoin did not possess a blockchain and relied on a simple SQL database to manipulate coin prices.
Ruja Ignatova amassed over 400 million dollars in assets and hid money through shell companies and offshore accounts.
Top promoters and co-founders including Constantin Ignatov and Sebastian Greenwood were arrested and sentenced to prison terms.
Ruja Ignatova remains missing and is on the FBI's most wanted list with a 5 million dollar reward offered for information.

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