OneCoin's “Queen of Crypto” Ruja Ignatova's Assets Frozen by UK Court

The High Court in London, England has issued a global asset freeze order on the assets of suspected OneCoin scammers, including the assets of the infamous “crypto queen” Ruja Ignatova, Decrypt reports. The case was initiated by more than 400 victims of the OneCoin Ponzi scheme and resulted in the freezing of the assets of Ignatova and OneCoin co-founders Sebastian Greenwood, Christopher Hamilton and Robert MacDonald. Hamilton and MacDonald allegedly helped the organizers of the OneCoin scam launder money. The funds of the four influencers who pushed the scheme were also frozen, along with the funds of business entities that Ingatova allegedly used to launder money and buy assets.

Previously, OneCoin was launched in 2014 and Ignatova defrauded investors around the world through a $4 billion Ponzi scheme until 2017 when the scam broke and she disappeared. She was last seen in 2017, when she was fleeing Bulgaria on a plane to Athens, Greece, and was placed on the U.S. Federal Bureau of Investigation's (FBI) Ten Most Wanted list.