According to Odaily, recent reports from German media suggest that Ruja Ignatova, the fugitive known as the 'Crypto Queen' involved in the OneCoin fraud case, is allegedly alive and residing in a wealthy area of Cape Town, South Africa. This revelation contradicts previous claims that Ignatova was murdered, dismembered, and disposed of in the Ionian Sea in 2018. German authorities have been investigating Ignatova and her accomplices in the OneCoin scheme. They have concluded that she is still alive after identifying inconsistencies in evidence related to her former security chief.
Earlier reports in February 2023 suggested that Ignatova was murdered under the orders of Bulgarian drug lord Christophoros Amanatidis. However, German authorities have cast doubt on this theory, pointing out that the alleged murderer was detained in the Netherlands at the time of the supposed killing. OneCoin, launched in 2014, was promoted by Ignatova as a 'Bitcoin killer' but was later exposed as a Ponzi scheme without an actual token network. Through this fraudulent operation, Ignatova defrauded global investors of $4 billion until the scheme collapsed and she disappeared in 2017.
