Is The Crypto Queen Dead?

Table of Contents

• Reports Claim Ignatova Dead
• Druglord Orders Hit 
• The OneCoin Scam

Recently uncovered documents have claimed that the infamous Crypto Queen, i.e., Ruja Ignatova, has been dead for five years. 

Reports Claim Ignatova Dead

According to recently uncovered documents, the missing crypto queen, Ruja Ignatova, who has been on the FBI’s top ten most wanted fugitives list, could have been dead the whole time. Ignatova was accused of scamming investors who put their money into her OneCoin project and then disappearing with millions of dollars. However, records of certain taped conversations have come to light, which claimed that Ignatova was killed on the orders of one of Bulgaria’s biggest drug lords, Hristoforos Amanatidis, also known as Taki. 

Although the Bulgarian Interior Ministry has not confirmed the report, it is interesting to note that the popular “The Missing Cryptoqueen” podcast had previously speculated that there is a possibility that Ignatova is not alive anymore. However, she continues to be featured in the FBI’s global most wanted list, with a reward of $100,000 being promised to anyone who can provide information leading to her arrest. 

Druglord Orders Hit 

New information has come to light after law enforcement launched investigations into the murder of Lyubomir Ivanov, the General Directorate of the National Police in Bulgaria. The taped records found at his home, where he was shot, revealed that Taki had her killed to cover up his involvement in the OneCoin project. Two investigative journalists from Bulgaria, Dimitar Stoyanov and Atanas Tchobanov, found transcripts of these taped conversations, which they published online. According to these, Ignatova was murdered on a yacht in Greece in November 2018. Her body was then dismembered and dumped into the bottom of the Ionic Sea. 

The investigative report by the two journalists claims that the Prosecutor’s office knew about these documents but did not consider them to be within the jurisdiction of the country’s Criminal Procedure Code, which is why they have not looked into it any deeper. 

The OneCoin Scam

The Bulgarian-bord German citizen shot into the limelight with her crypto project, OneCoin, back in 2014. This so-called “crypto project” was a glorious pyramid scheme where buyers were incentivized with a commission if they managed to sell the currency to more people. In fact, the FBI further uncovered that the OneCoin project could not even be classified as a cryptocurrency because, unlike other cryptos, it was not based on blockchain technology and held no value. The law enforcement organization charged Ignatova with eight counts of wire fraud, money laundering, and securities fraud. This prompted the crypto queen to siphon away around $5 billion of investor funds and disappear in 2017. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.