The Rise and Fall of One Coin: The Story of Dr. Ruja Ignatova

TLDRDr. Ruja Ignatova, founder of cryptocurrency One Coin, promised to revolutionize money, but it turned out to be a $15 billion international scam. She disappeared in 2017, leaving behind a story of greed, deceit, and fraud.

Key insights

💰Dr. Ruja Ignatova created One Coin, promising to revolutionize money and democratize currency.

🌍One Coin attracted millions of investors globally and held conferences and seminars worldwide.

🔍Investigations revealed that One Coin was a multi-level marketing scheme without any real value or product.

📚The educational packages sold by One Coin were later found to be plagiarized from other sources.

🌐Dr. Ruja Ignatova disappeared without a trace in 2017, leaving behind a fraudulent empire.

Q&A

What was the promise of One Coin?

One Coin promised to revolutionize currency and democratize money, offering an alternative to traditional banks and governments.

How did One Coin attract investors?

One Coin held conferences and seminars worldwide, showcasing Dr. Ruja Ignatova as an intelligent and credible figure.

What were the educational packages sold by One Coin?

The educational packages claimed to teach financial freedom but were later revealed to contain plagiarized materials.

What happened to Dr. Ruja Ignatova?

Dr. Ruja Ignatova disappeared in 2017, leaving behind a $15 billion international scam.

What is the current status of One Coin?

One Coin is still functioning despite Dr. Ruja Ignatova's disappearance, but it is considered a fraudulent organization.

Timestamped Summary

00:01Dr. Ruja Ignatova, founder of One Coin, promised to revolutionize money and democratize currency.

00:12One Coin attracted millions of investors globally and held conferences and seminars worldwide.

04:58Investigations revealed that One Coin was a multi-level marketing scheme without any real value or product.

05:30The educational packages sold by One Coin were later found to be plagiarized from other sources.

13:26Dr. Ruja Ignatova disappeared without a trace in 2017, leaving behind a fraudulent empire.