Ruja Ignatova, aka the Crypto Queen, has resurfaced after greater than 5 years in hiding. The OneCoin founder is linked to a British authorities submitting for a London property. Nonetheless, her precise location continues to be unknown. In the meantime, BBC claims that German prosecutors are behind the bid for the property.
Ruja’s London property was listed on the market
Ruja Ignatova’s London property was recently listed on the market for $15.5 million. The quantity was later lowered to $13.6 million, and now the advert is not there. In line with BBC, actual property agent Knight Frank answerable for the property sale didn’t reveal whether or not it had been offered.
Ignatova was recognized because the proprietor per UK transparency guidelines that went into impact final 12 months. The report additionally reveals that Ignatova has been the property proprietor since Might 2016 by Aboots Home Penthouse Restricted.
BBC has discovered that Ignatova was not promoting the property herself. As a substitute, it was initiated by the prosecutors within the north-west German metropolis of Bielefeld. In line with the BBC, the German legal professional for Ms. Ignatova, Martin Breidenbach, was accused of cash laundering for transferring €20 million (£17.5 million) to pay for the penthouse and a second condo in the identical constructing. Breidenbach rejects the accusations in an ongoing trial.
Senior prosecutor Gerald Ruebsam advised BBC that any proceeds of the sale of the London penthouse may in the future compensate OneCoin victims.
OneCoin Founder continues to be nowhere to be seen
Ignatova has not been publicly seen for over 5 years. The OneCoin founder is at the moment on the FBI’s 10 most needed record, and the FBI is providing a reward of $100,000 for any data that may result in her arrest. She can be considered one of Europe’s most high-profile fugitives.
The ‘Cryptoqueen’ launched her firm Onecoin in 2014, with the hype that the corporate can be the bitcoin (BTC) killer. Nonetheless, after investigating the corporate dealing, the FBI found that the mission was a Ponzi scheme meant to rip-off unsuspecting traders thousands and thousands of {dollars}.
The FBI additionally found that OneCoin didn’t also have a community for the token. Ms. Ignatova managed to con traders greater than $5 billion within the Ponzi scheme.
Different Onecoin associates have been arrested
Fortuitously, different folks related to the Ponzi scheme have been arrested. Final month Karl Sebastian Greenwood, the co-founder, pled responsible to cash laundering and wire fraud costs laid towards him by the southern district prosecutor of New York.
Frank Schneider, a former Luxembourg intelligence officer, will even face cash laundering costs and wire fraud upon his extradition to the US. He’s believed to have helped crypto queen evade legislation enforcement and handle the scheme’s proceeds.
In an interview, Frank Schneider stated that his non-public intelligence firm was solely answerable for managing the disaster. He was unaware of any felony actions within the scheme when he was concerned with the corporate.