TechFlow reports, on August 8, according to Decrypt, the London High Court has issued a global asset freeze order against individuals suspected of involvement in the OneCoin fraud, including the notorious "Crypto Queen" Ruja Ignatova. The case was initiated by over 400 victims of the OneCoin Ponzi scheme, and the freeze order covers assets belonging to Ignatova as well as OneCoin co-founders Sebastian Greenwood, Christopher Hamilton, and Robert MacDonald. Hamilton and MacDonald are accused of aiding money laundering, and assets of four influencers who promoted the scam and related business entities have also been frozen.
Launched in 2014 and marketed as the "Bitcoin killer," OneCoin was later exposed as a Ponzi scheme that never built an actual token network. Through this fraud, Ignatova defrauded global investors of $4 billion before the scheme collapsed in 2017 and she disappeared. She was last seen in 2017 aboard a flight from Bulgaria to Athens, Greece, and is now on the U.S. Federal Bureau of Investigation's (FBI) Ten Most Wanted Fugitives list.
