Zeros

The Cryptoqueen Case: What You Need to Know About the OneCoin Fraud Ruja Ignatova , the founder of OneCoin , has been given until December 16, 2025, to object to a forfeiture order being brought at Guernsey's Royal Court . The 45-year-old, who has been missing for eight years, is at the center of what authorities describe as one of the largest financial frauds in history. What Was OneCoin? OneCoin launched in 2014 as what was marketed as a revolutionary cryptocurrency that would rival Bitcoin. Ignatova, with her impressive credentials— a PhD in private international law and experience at McKinsey & Company —presented herself as a visionary entrepreneur. She spoke at lavish events to thousands of investors, promising exceptional returns. The problem ? OneCoin never had a functioning blockchain , the foundational technology that makes cryptocurrencies work. Unlike legitimate digital currencies where transactions are verified on a public ledger, OneCoin operated more l...