'Cryptoqueen' brother admits role in OneCoin fraud

'Cryptoqueen' brother admits role in OneCoin fraud
 

Konstantin Ignatov, the brother of "missing cryptoqueen" Dr Ruja Ignatova, has admitted his role in the OneCoin crypto-currency fraud.
Ignatov pleaded guilty to several charges, including money laundering and fraud.
OneCoin and the disappearance of its co-founder, Dr Ruja Ignatova, have been the subject of a BBC Sounds podcast.
Investigators believe as much as £4bn was raised globally in what is said to have amounted to a Ponzi scheme.
The Bulgaria-based organisation behind OneCoin Ltd continues to operate and denies all wrongdoing.
Ignatov was arrested at Los Angeles... read more

 
17 November 2019 in Science &Technology, Views: 7
Source: BBC
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