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The Missing Cryptoqueen

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Jamie Bartlett

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In 2014, Dr. Ruja Ignatova, an Oxford graduate, claimed she would revolutionize money and make people wealthy through her creation, OneCoin, which she touted as the "Bitcoin Killer." Promising immense fortunes and a transformative impact on the world, OneCoin rapidly gained traction, becoming one of the fastest companies to reach $1 billion in revenue. By 2017, billions had been invested across hundreds of countries, from the USA to Pakistan and beyond. However, by the end of that year, Ignatova vanished, taking the money with her, and it became evident that her cryptocurrency was far from revolutionary. The narrative unfolds as a modern tale of intrigue, techno-hype, and collective folly, illustrating how OneCoin evolved into the largest scam of the 21st century. The story captures the extraordinary rise, disappearance, and eventual downfall of Ignatova, highlighting the ease with which a classic scam can be adapted for the digital age. This account offers a gripping exploration of the complexities and dangers of the cryptocurrency landscape, revealing the darker side of a phenomenon that promised wealth and innovation but ultimately led to widespread deception.