OneCoin: How Bitcoin-killer scammed investors of $4bn, founders plead guilty, disappear

OneCoin, a cryptocurrency asset that was supposed to kill off Bitcoin (BTC) and promoted to give crypto investors more value for their investment than BTC, ended up becoming one of the world’s largest cryptocurrency scam.

The firm, founded in 2014, has been a subject of investigation since the co-founder, Ruja Ignatova, known as the Cryptoqueen fled in 2017 to avoid charges for defrauding millions of investors.

What you need to know