The co-founder of cryptocurrency-inspired Ponzi scheme OneCoin faces expenses of fraud and cash laundering in her absence — however will now grow
The co-founder of cryptocurrency-inspired Ponzi scheme OneCoin faces expenses of fraud and cash laundering in her absence — however will now grow to be a film star.
As Hollywood information outlet Deadline reported on Feb. 4, a United States manufacturing firm has received the rights to a podcast about Ruja Ignatova initially aired by the British Broadcasting Company (BBC) in the UK.
OneCoin drama plans to “get the phrase out”
Charting the rise, fall and disappearance of Ignatova, “The Lacking Cryptoqueen” noticed 3.5 million downloads in 4 months when it went reside in 2019.
Now, New Regency Tv will flip the podcast right into a full-fledged tv drama.
“Hope it continues to get phrase out about OneCoin around the globe,” producer and co-writer, Georgia Catt, tweeted following the information.
As Cointelegraph reported, Ignatova is presently in hiding as prosecutors indict her and her brother, Konstantin Ignatov, on a number of counts of fraud and cash laundering. Konstantin has already pleaded responsible to the costs and faces as much as 90 years in jail.
OneCoin defrauded buyers of round $5 billion in whole, Cointelegraph raising suspicions about its actions way back to 2015.
Ponzi scheme suspicions linger in crypto
This yr, OneCoin’s successes stay pertinent to cryptocurrency members, as skepticism mounts round different operations which have raised crimson flags for a lot of. Notably, Hex (HEX), an altcoin that guarantees buyers huge returns however has misplaced nearly all its worth over the course of a number of months, stays on the focus.
In January, Cointelegraph noted {that a} single HEX token was value lower than a single Bitcoin satoshi, an unenviable accolade it retains to this present day.
Richard Coronary heart, the self-styled creator of Hex, denies accusations that the challenge is in any means dishonest.
Not like Hex, OneCoin was never a cryptocurrency, as its executives maintained full management of alternate and didn’t show the existence of obligatory indicators akin to a market cap.