In 2017, Ruja Ignatova, the founder of One Coin, reportedly embezzled $ 5 billion (approximately Rs. 38,630 crore) from investors.
He is currently on the Most Wanted list of wanted criminals in Europe. The BBC reports that the One Coin scam is one of the biggest scams in crypto history. He has also been dubbed the “killer of bitcoin”.
Following its launch, Ignatova is said to have raised money through One Coin from investors in 175 different countries before fleeing to Athens, Greece in 2017.
The European Court of Justice has announced a reward of up to Rs 4 lakh for anyone who finds him.