Born in 2014 as a Bulgaria-based startup One coinmanaged to attract millions of people in a short time.

OneCoin, Ruja Ignatova and Karl Sebastian Greenwood It was a digital currency that was founded by and aims to create a new currency that would revolutionize the world of digital finance, following in the footsteps of cryptocurrencies such as Bitcoin.

So much so that OneCoin shouted “Bitcoin killer!” is mentioned. It was put on the market and was intended to make investors believe that this new cryptocurrency would be more valuable than Bitcoin.

OneCoin operates globally using a multi-tiered marketing structure. grew quickly.

This structure allows investors While involving others in the system made a profit.

However, this attractive opportunity is biggest crypto scam He would become one.

Because the problem is that OneCoin non-existent It was a cryptocurrency.

So basically OneCoin was some kind of Ponzi scheme!

Cryptocurrency offered by OneCoin There was no blockchain technology behind it and the mining claims were completely false.

Although OneCoin tokens and fake mining pools are sold to investors, these coins actually have no value. It had no real value.

To investors with false presentations Bitcoin’s success story is told and OneCoin was promised to surpass this success.

But the truth was that from the moment the system was first introduced, Ignatova and Greenwood He planned to deceive people…

However, in 2016, many countries began to investigate OneCoin, claiming that this structure was a kind of pyramid scheme.

So OneCoin The scam has been exposed and in 2017, an arrest warrant was issued for Ruja Ignatova and police raided OneCoin offices in Bulgaria.

But just before the arrest warrant for Ignatova was issued disappeared and he was never seen again…

Greenwood was captured in Thailand and extradited to the United States. 20 years in prison took it.

Greenwood’s More than $300 million As a result of the investigation, it was revealed that he was making money and using this money for a luxurious lifestyle.

As a result, the OneCoin scandal spread worldwide More than 3.5 million people have more than 4 billion dollars It went down in history as a major fraud that caused losses.

Ruja Ignatova, who is still on the run, On the FBI’s most wanted list and a large reward is offered for information leading to his capture…

Our other content that may interest you: