Ruja Ignatova, nicknamed Cryptoqueen co-founded the cryptocurrency OneCoin in 2014, and after this was exposed as a fraudulent pyramid scheme, she and other OneCoin executives were accused of defrauding investors of billions of dollars.
In October 2017, Ignatova, charged with wire fraud, securities fraud, and money laundering by the US Department of Justice, disappeared and has not been seen since. The Cryptoqueen who was included on the FBI’s 10 most-wanted fugitives list, may have been killed one year after her disappearance, according to new information from police documents published by the Bureau for Investigative Reporting and Data, Bird.
The incident allegedly happened on the orders of a drug lord aboard his yacht in Greece, in the Ionian Sea where her body was later dismembered and thrown into. The authenticity of the documents was not confirmed and no official statements were made.
Ignatova, Bulgarian born citizen, was last seen in October 2017 in Athens, Greece, and since, her location has been unknown. There have been several rumors about Ignatova’s possible whereabouts, including reports that she may be in Russia, Greece, or Dubai. However, none of these reports have been confirmed, and the investigation into OneCoin and its founders is ongoing. Other media reports suggest she may have changed her appearance and she however remains listed on Interpol and Europol in 194 countries.
Meanwhile, in 2019, Ignatova’s brother Konstantin was detained in Los Angeles and pleaded guilty to wire fraud conspiracy, money laundering and fraud charges. Soo did the other OneCoin co-founder Karl Sebastian Greenwood, who was arrested in July 2018 and in December pleaded guilty which carries a maximum potential sentence of 20 years in prison for each of the three counts. Also, Gilbert Armenta, the ex-boyfriend of Cryptoqueen, has been sentenced in the United States to five years in prison, for helping her launder $300 million.