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The biggest cryptocurrency scam ever exposed!
So, who exactly is OneCoin, and what kind of shocking case is behind it?
The alternative coin was co-founded in 2014 by Dr. Ruja Ignatova and her husband Daniel Dabek. Dr. Ruja Ignatova has a doctorate in private international law and seems to have a strong background.
OneCoin was heavily promoted as a cryptocurrency by a Bulgarian-based company that owns two companies: OneCoin Ltd, registered in Dubai, and OneLife Network Ltd, registered in Belize. However, OneCoin was eventually revealed to be a Ponzi scheme.
The company sold financial education packages that buyers could use to "mine" OneCoin. The packages ranged from $100 to $100,000, and different levels of membership could purchase more tokens.
However, in 2017, the authorities uncovered the truth about the scam, its leader was arrested, and the founder, Ruja Ignatova, mysteriously disappeared, her life or death unknown.
The scam caused investors to lose a total of $25 billion. This was not only a plunder of investors' property, but also a betrayal of their trust.
