In the wake of US authorities bringing OneCoin’s criminal enterprise crashing down, no doubt there are a lot of people out there trying to bury their association.

Since our initial
review of OneCoin
on September 23rd, 2014, in which we accurately analyzed and concluded OneCoin was a Ponzi scheme, BehindMLM has published no less than two hundred and fifty-seven articles documenting every twist and turn.

Throughout that journey we came across a colorful cast of characters, most of whom have since moved on from OneCoin. Others simply disappeared off the face of the planet.

According to the DOJ, OneCoin was a Ponzi scheme that bilked investors out of upwards of $4 billion dollars.

Unless you’ve been closely following OneCoin, a perfectly natural response to such a dwarfing figure is, “How the hell did this happen?”

Based on my own research into OneCoin, interactions and perspective over the past four and a half years, I present to you the people who made it possible.

Ruja Ignatova

By her own admission, Ruja Ignatova has done “many bad things in her life, many stupid things”.

Anything Ignatova might have done prior to 2014 however, was no doubt dwarfed by the launch of OneCoin.

Ruja Ignatova was central in the planning and execution of the OneCoin Ponzi scheme.

By 2017 Ignatova was feeling the heat and around the middle of the year, simply disappeared.

US authorities would later reveal Ignatova boarded a flight for Greece in October 2017, never to be heard from again.

Through OneCoin, Ignatova is believed to have enriched herself and her family to the tune of hundreds of million of dollars. Upper estimates pending forensic confirmation might even peg Ignatova’s stash at over a billion.

While we have no idea where Ignatova’s stash is hidden, we can attribute some of it to a
Bulgarian property empire
, an
aborted mansion by the sea
and crapload of cosmetic surgery.

For the record we have nothing against cosmetic surgery. But spare a thought for the OneCoin investors whose funds went into that face.

Ignatova’s current status is unknown. She remains a fugitive on the run and wanted by US authorities.

Outside of financial fraud, Ignatova is fondly remembered for her choice of outlandish and often voluptuous frocks.

Konstantin Ignatov

You know that sibling parents always make an older sibling include in their activities?

Yeah…

Now a proven criminal in his own right, Konstantin otherwise worked behind the scenes.

Officially Konstantin was OneCoin’s Head of Administration, later promoted to Supreme Leader… or whatever it is OneCoin was calling its top dog after the failed Arens and Munoz experiments.

In all honesty though management wise Konstantin was shafted. Ruja rode out the golden years and left Konstantin a heap of decomposing scraps.

After travelling around the world for two years making awkward appearances at OneCoin events, Konstantin evidently realized it was time to chase big bucks in the US.

We can only assume Konstant

🤖 Quick Answer

What was OneCoin and how much did it defraud investors?
OneCoin was a cryptocurrency Ponzi scheme that operated until US authorities shut it down. According to the Department of Justice, the fraudulent enterprise bilked investors out of approximately $4 billion dollars before being dismantled by law enforcement.

How long did BehindMLM investigate OneCoin's operations?
BehindMLM began investigating OneCoin on September 23rd, 2014, when it initially analyzed and concluded the enterprise was a Ponzi scheme. The publication subsequently documented the case through over two hundred fifty-seven articles tracking developments and key figures involved throughout the scheme's operation.

What happened to the individuals associated with OneCoin?
Following the collapse of OneCoin's criminal enterprise, most individuals associated with the scheme moved away from the organization. Some participants simply disappeared entirely, while others attempted to distance themselves from their

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