OneCoin event in Wembley, London.

On June 11, 2016, Ruja Ignatova walked onto the stage at The SSE Arena in London to hundreds of cheering fans as pyrotechnics went off and “Girl is on Fire” by Alicia Keys played in the background.

The self-proclaimed “CryptoQueen” had arrived, and everyone who followed her wise words was soon to find enormous wealth – or so they thought.

It turns out the CryptoQueen was already a convicted fraudster, and she was allegedly at it again. But this time Ignatova was going to take billions.

The CryptoQueen’s background

Ruja Ignatova was born in Sofia, Bulgaria, but moved to Germany with her family when she was just ten years old. She went on to earn a Ph.D. in European private law from the University of Konstanz in 2005.

Now, though, Ignatova isn’t known as a renowned legal scholar; she’s known as the founder of one of the biggest alleged scams in cryptocurrency history: OneCoin.

OneCoin wasn’t…

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