Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
Where did the Crypto Queen go? New clues point to Africa
One of the most high-profile figures in the crypto sphere, accused of organizing a global scam, has been on the wanted list for several years. Ruja Ignatova, often called the “Crypto Queen” by those around her, is at the center of one of the largest financial scandals in digital asset history. The amount embezzled from investors exceeds $4 billion, with over 3.5 million victims.
International Search and Generous Reward
The search for Ignatova is being led by the world’s top law enforcement agencies. The FBI has placed her on its most wanted list and has offered a reward of $5 million for any information leading to her arrest. The last confirmed sighting of her was in 2017, when she was in Greece.
Years of investigation have spawned numerous theories about the fate of the fugitive. Some speculate she is hiding somewhere on the high seas, while others believe in a darker scenario.
South Africa as a Possible Hideout
Recent investigative data has led experts to believe that Ruja Ignatova may have found refuge in an upscale neighborhood of Cape Town. The town of Constantia, known as a residence for wealthy residents, is being considered by law enforcement as a potential hiding place.
Interestingly, her close relative, Konstantin Ignatov, previously lived in this area. He was detained in Los Angeles in 2019 and later admitted to his involvement in the scam. After negotiations with American prosecutors and voluntarily returning $118,000 of illegally obtained funds, Konstantin was released earlier this year. In an interview with the media, he expressed regret about his participation in the project, calling it “the biggest mistake.” However, he has not disclosed any information about his sister’s potential whereabouts.
How the Scam Operated
OneCoin was a fake cryptocurrency platform that operated from 2014 to 2017. The creators positioned the project as a competitive alternative to Bitcoin, promising participants impressive investment returns.
The tactics for attracting victims were well thought out. Organizers held large and extravagant events where they recruited new participants and motivated existing investors to expand the network by bringing in additional people. This multi-level structure allowed scammers to seize a colossal sum at the expense of millions of trusting citizens.
Cinematic Interest in the Scandal
The story of unprecedented financial fraud has attracted the attention of global filmmakers. The film “Fake!” starring Hollywood star Kate Winslet will tell