OneCoin founder Ruja Ignatova's assets frozen by UK court

ChainCatcher news, the High Court of England issued a ruling on August 7, issuing a global freeze order against Ruja Ignatova, known as the "Crypto Queen," and several of her alleged accomplices involved in the OneCoin scheme.

Over 400 victims of the OneCoin collapse joined together to petition the court to freeze the assets of Ignatova, OneCoin co-founder Sebastian Greenwood, Christopher Hamilton, and Robert MacDonald, who are suspected of helping OneCoin launder money, as well as the assets of four influencers who promoted OneCoin to the public.

Additionally, business entities suspected of being used for money laundering and purchasing OneCoin assets by Ignatova have also been subjected to global asset freeze sanctions.

It is reported that Ruja Ignatova deceived investors through a $4 billion Ponzi scheme from the establishment of OneCoin in 2014 until the fraudulent project collapsed in 2017 and Ignatova went missing. The Crypto Queen was last seen in Athens, Greece in 2017, and has not been seen since, prompting the FBI to place her on its Ten Most Wanted Fugitives list.