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Matthew Cox | Inside True Crime Podcast

Cryptoqueen on the Run? | $4 Billion Ponzi Scam

07 Nov 2024

Description

Ruja Ignatova pioneered an alleged multi-billion-dollar Ponzi scheme disguised as a new cryptocurrency, OneCoin. Ignatova is on the FBI’s “Ten Most Wanted” list, and she’s been indicted on several charges of fraud and money laundering. The only problem? She’s been missing since 2017. Check out Josh's Channel https://www.youtube.com/watch?v=Tuizfajesfk Follow me on all socials! Twitter: http://www.twitter.com/matthewcoxitc Instagram: https://www.instagram.com/insidetruecrime/ TikTok: https://www.tiktok.com/@matthewcoxcrime Follow my 2nd channel - Inside The Darkness! https://www.youtube.com/c/InsidetheDarknessAutobiographies Want to be a guest? Send me an email here! [email protected] Want a custom Con man painting shown up at your doorstep every month? Subscribe to Patreon! https://www.patreon.com/insidetruecrime Get a custom painting done by me! Check out my link! https://www.etsy.com/shop/coxpopart Listen to True Crime Podcasts anywhere! https://anchor.fm/mattcox Check out my prison story books here! https://www.amazon.com/Matthew-Cox/e/B08372LKZG Support me here! Paypal: https://www.paypal.me/MattCox69 Cashapp: $coxcon69 Learn more about your ad choices. Visit megaphone.fm/adchoices

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Full Episode

0.289 - 24.828 Matt Cox

That's what's at the center of this entire story is that she didn't have a product. She had a marketing machine. She tapped into that thing that's inside of so many people, which was definitely inside of her, which is like, I want more, right? It's ambition. And she promised people and anyone who could just take the blinders off

0

25.709 - 39.713 Host

could see, well, this doesn't even make sense. It was never legitimate. I mean, you had a basic concept that you were pitching, but you never even tried to, this thing was never legitimate. This was always a scam for her. It was always going to be a scam.

0

40.574 - 54.338 Matt Cox

Had she timed her scam 18 months later, she could have made 10 times as much money. I mean, they basically say in bold caps, this is a Ponzi scheme. Our exit strategy is take the money and run.

0

60.25 - 82.164 Host

Hey, this is Matt Cox, and I am here with Josh, America's attorney. And we are going to be discussing the crypto queen. Yeah, the crypto queen and the scam. And we're going to be discussing where she's at. So I appreciate you watching and check this out. Raja. Ruja.

0

82.544 - 98.833 Matt Cox

Ruja. Ignatova. I got to call her the crypto queen because it's a totally awesome name. And she dubbed herself that. And that's like kind of, to me, the most important fact of this whole story.

100.194 - 125.886 Host

I don't feel like you get to dub yourself. You shouldn't be able to. When I was in prison, I tried to push the name Chainsaw. Exactly. Nobody would call me chainsaw. You know, they say, well, what do they call you? I go, the chainsaw. And they would look guys would be like, like, no, man, stop, bro. Maybe handsaw. Yeah, you're not a chainsaw.

126.387 - 152.408 Matt Cox

Okay, so I know that you've seen the Seinfeld episode where George decides that he wants to be called T-Bone, right? Yes. So they go to lunch and he orders a T-Bone steak and then somebody beside him orders a T-Bone steak and they decide to call that guy T-Bone and George is like, no, I order the T-Bone first. I get to be called T-Bone. It's the coolest nickname. Yeah. What they end up calling him?

153.427 - 162.091 Matt Cox

Later in the episode, they see him like dancing in the hallway, stomping, and maybe he has a banana in his hand. They end up calling him Coco the monkey.

165.873 - 168.194 Host

You definitely don't get to pick your own nickname.

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