The rise and fall of onecoin: the crypto mirage

The Rise and Fall of OneCoin: The Crypto Mirage

A Disguise for Deception Founded by the elusive Ruja Ignatova, OneCoin presented itself as a groundbreaking cryptocurrency venture, but beneath the façade lay a labyrinth of deceit. While advertising itself as a cryptocurrency, OneCoin amassed an astounding $4 billion before Ruja vanished into thin air in 2017. Officially labeled as a Ponzi scheme, the platform …