Guernsey Authorities Seize $11.4M Tied to ‘Cryptoqueen’ OneCoin Fraud
Guernsey authorities have seized $11.4 million linked to the OneCoin fraud, associated with the notorious "Cryptoqueen," Ruja Ignatova. This seizure is part of ongoing efforts to recover assets from the fraudulent cryptocurrency scheme that defrauded investors globally. OneCoin, which was promoted as a revolutionary digital currency, was revealed to be a Ponzi scheme, leading to significant financial losses for many. The authorities are working to return the seized funds to victims of the scam.
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