One of the most popular individuals in the crypto world (and not for good reasons), Ruja Ignatova, also known as the “Cryptoqueen,” is the founder of the fraudulent scheme OneCoin, which embezzled over $4 billion from victims.

Ignatova is considered the mastermind of the scam, but her whereabouts have remained unknown since she was last spotted in Greece in 2017. Many conspiracy theories indicate that she might be dead or hiding on a luxurious yacht in the Mediterranean Sea. The latest investigation suggested that she could have found shelter in Cape Town, South Africa.

The Search Goes on

Ignatova is wanted by multiple law enforcement agencies for her main role in the crypto scam called OneCoin. For instance, the US Federal Bureau of Investigation (FBI) has placed her on its Ten Most Wanted Fugitives list and is offering a reward of up to $5 million for information leading to her arrest.

Despite the scarce details surrounding the “Cryptoqueen” since her disappearance, recent reports indicated that she might be hiding in the affluent suburb of Cape Town, South Africa – Constantia. 

It is worth mentioning that her brother – Konstantin Ignatov – spent some time in the city prior to his arrest in 2019. H