Ruja Ignatova disappeared with 230,000 BTC, lawsuit alleges
A lawsuit filed by the Crypto Currency Resolution Trust alleges at the time of her disappearance, OneCoin’s Ruja Ignatova made off with 230,000 BTC.
The staggering amount was worth just over $1 billion in October 2017 ($4600 avg).
That same amount is worth $11.5 billion today ($50,000 avg, note BTC’s public trading value is all over the place this month).
In late 2019 Ruja’s brother, Konstantin Ignatov, testified that she only made off with $500 million. So how do we arrive at double that amount?
Crypto Currency Resolution Trust’s lawsuit was filed against “onecoinico.io” on April 27th, 2021.
The jurisdiction is the British Indian Ocean Territory Supreme Court. The law firm representing CCRT is Jonathan Levy, a US based attorney.
As alleged in the lawsuit, upon disappearing in October 2017, Ruja Ignatova
provided Power of Attorneys to two individuals: H.E. Sheikh Saoud bin Sultan Al Qassimi (Sheikh Saoud) and Mimoun Madani to act in her stead).
Sheikh Saoud is also the Secretary-General of the Intergovernmental Collaborative Action Fund for Excellence (ICAFE), a New York non profit corporation which issued “diplomatic credentials” to Ignatova (to) assist the OneCoin schemes.
“Diplomatic credentials” would certainly explain why Ruja Ignatova was able to travel with impunity.
It might also provide insight into how she was able to disappear.
Although Sheikh Saoud is based out of the UAE, ICAFE is based out of New York. New York is the jurisdiction the bulk of US criminal prosecutions related to OneCoin are taking place.
Whether authorities in New York have been in touch with ICAFE or Sheikh Saoud is unclear.
It is noted in the complaint that
In October 2019, the United States District Court for the Southern District of New York found the crime fraud exception applied to any communications made by Ignatova and Sheikh Saoud’s One Coin Ltd.
In exchange for “diplomatic credentials” (and who knows what else);
Sheikh Saoud purchased OneCoin’s assets in exchange for 230,000 bitcoin on October 1, 2015.
This is two years before Ignatova disappeared and, as noted in the lawsuit, “the largest known bitcoin transaction” to date. It also makes Ruja Ignatova the second largest holder of bitcoin.
How the money side of things from Sheik Saoud was worked out is unclear.
What we do know is Sheikh Saoud is the son of ‘one of the wealthiest men in the UAE, United Arab Bank CEO H.E. Sheikh Faisal Bin Sultan Bin Salem Al Qassimi’.
Sheikh Saoud handed over 4 USB drive wallets containing 230,000 bitcoin in exchange for One Coin Ltd., which was the front company for OneCoin.
The purchase cemented Sheikh Saoud as the sole shareholder and Director of OneCoin Limited (click to enlarge).
The link to Mimoun Madani co-signed as Ignatova’s Power of Attorney is less clear.
Mimoun Madani, a United Arab Emirates resident, who has a current Power of Attorney executed by Ignatova dated after her disappearance from public view and notarized by a well-known Seychelles lawyer and member of parliament, Bernard Georges, may have been the last person to see Ignatova.
The United Arab Emirates does not have an extradition treaty with the US.
Up until now the prime candidates for Ignatova’s disappearance have been Russia or death.
Both remain strong possibilities but given the claims made in CCRT’s lawsuit, it’s not implausible Ignatova might be hiding out in the UAE.
230,000 BTC is certainly enough to set anyone up for life anywhere they didn’t want to be found.
While my interest in CCRT’s lawsuit is information on Ruja Ingatova’s finances, that is not the reason it was filed.
CCRT have filed on behalf of “Ms. EC”, who claims to have accumulated 1.8 million Onecoin Ponzi points.
CCRT’s lawsuit seeks £250,000 GBP in damages and recovery of €53.5 million EUR, the “stated value of 1.8 million OneCoin tokens”.
Anyone remotely familiar with OneCoin knows this valuation is based on baloney.
The ungodly amounts of money that passed between Ignatova and her co-conspirators aside, OneCoin stopped paying token withdrawals in January 2017.
It is also highly unlikely Ms. EC acquired her 1.8 million OneCoin Ponzi points through direct investment.
If a sizable amount of Ms. EC’s tokens are tied to recruitment of OneCoin victims, that would in turn make the amount claimed proceeds of fraudulent activity itself.
Not withstanding OneCoin token balances were never anything more than backoffice monopoly money from the start.
The OneCoin tokens exist on a database sure, but the public value attached to them never did. Therein lies one of the key aspects of fraud within OneCoin.
Nonetheless, Ms. EC is going after “onecoinico.io”, with the implication being the domain is, directly or otherwise, owned by Sheikh Saoud.
In other words the ultimate goal is get Sheikh Saoud to cough up ~€53 million EUR.
We got Elon Musk out here with his peasant tier billions swinging the market +/- 15% on a whim.
Ruja Ignatova needs to come out of hiding and ascend her Twitter crypto throne. Start swinging those bonkers around and be the queen you are.
“Today I ate dogecoin’s guh-kneesis block for breakfast.”
BTC to $100,000 in seconds, guaranteed.
Oz, I love ya. You crack me up.
It’s absolutely and diabolically ironic that after all the lies and bullshit, including her literally forbidding her victims from owning bitcoin or any (other) real coins, themselves, that she ACTUALLY DID became THE Crypto/ Klepto Queen!
The likely context for the Bitcoin trade can be found from the SDNY court transcript:
OneCoin’s Mashreq bank account got frozen in September 2015. The cited email is from mid September 2015.
The BTC trade with the sheikh happened October 1st 2015 –so quite soon after she wrote about a meeting with a sheikh.
50 million sum Ruja is talking about in the email coincides with the sum of the trade.
So it seems that the BTC trade was the sheikh’s solution to Ruja’s problem on what to do with “hot” monies on OneCoin Ltd bank account.
Ruja sold the whole company to the sheikh with the dirty monies in it. The sheikh as the new owner could move the hot monies easier inside United Pirate Emirates for his own purposes.
This interesting form of money laundering raises the possibility that somehing similiar might have happened with Aamer Abdulaziz Salman.
What looked like stealing to Kontstantin could habe been in fact punch of USB sticks full of BTCs for Ruja and/or Irina Dilkikinska in exchange for the “rightful” ownership of the Mark Scott laundered funds.
The bitcoin Ruja got from the sheikh is hardly the only BTC she has. This Bitcoin address which, has managed to collect over 2000 BTC, was used to make OneCoin package purchases:
This is a BTC address OneCoin currectly uses for “hostage release” payments unlocking the frozen OneCoin accounts (in August 2020, the new OneCoin IT team delirebatively launched a dysfunctional IT system in which login was impossible for alost all memebers without paying this fee). They have so far managed to collect over 97 BTC:
This is Vladislav Vasilev, a key leader in the current OneCoin IT team & guy who appeared on stage at the August 2020 OneCoin event, enjoying the fraud/mafia monies on Maldives with his girlfriend:
Vlad seems to be quite active in the Bulgarian startup scene. Makes me wonder who much Bulgarian start-ups are funded by proceeds derived from fraud and organized crime…
I have released additional documents
And talking about startups funded by organized crime / OneCoin money…
The firm mentioned in Ruja’s diplomatic document is Prosperia FZ LLC.
It’s probably the same firm as the Prosperia FZE, which was linked to OneCoinCloud per its T&C:
In any case, it seems to be this firm:
Krasimir Yordanov was a name I hadn’t heard before. But an image search made me spot one familiar face connected to that name.
It’s this guy who is now Founder and CEO of iRoboInvest:
See also: f6s.com/iroboinvest
The family office he is coy naming is most certainly Ruja’s RavenR, because he is clearly the same person seen on this OneCoin Sofia office grand opening video:
So from now, Mr. Yordonov should not be known as iRoboInvest guy, but iRujaInvest guy. 😉
Chances are that he is doing his “private banking” startup with organized crime money for organized crime figures. Authorities should take note.
He might also know where Ruja is.
That Greenwood POA stuff is interesting. Greenwood hasn’t done anything without DOJ approval since at least early 2019.
I wonder if we’re going to see a bunch of UAE citizens being arrested later down the track. I suppose they’ve all armed themselves with diplomatic immunity too.
She’s either bangin’ the sheikh or he snuffed her out for selling him a worthless ‘company’.
Not another one. If Ruja Ignatova was queen of cryptocurrency, her German husband was king of cucks.
Madani was allegedly Ruja’s proxy, so the document might suggest that Ruja tried to steal from Sebastian.
Konstantin testified in the court that Sebastian emptied the flat full of cash in Korea after Ruja disappeared, so perhaps she tried to even the score. 😉
And Ruja got cucked by Armenta. The court transcript suggests Gilbert was love-scamming / gold digging Ruja.
If Ruja attempted to spend any of this 230,000 BTC wouldn’t we notice?
As I understand it all transactions of BTC are visible on the blockchain. They can only be anonymous because you don’t necessarily know who owns which wallet.
However there can’t be many wallets which have, or had, at least 57,500 BTC (I recall from a previous thread that the 230k BTC was spread across 4 USB wallets).
So shouldn’t it be possible to identify or at least narrow down which they are? And check whether any of them have been accessed since Ruja’s disappearance?
Need a BTC address to search – the hard wallet transaction would be the way to go to get around that.
Of course the Shiekh would know since those were his BTC. Also Ruja could have easily run it through a Bitmixer, Bitblender or more recently a CoinJoin to laundner it.
She would be second only to the even bigger (unexposed) crook Satoshi Nakamoto (last I checked it is illegal to keep billions under a fake name to manipulate markets).
Seizure of 213,000 BTC in Bulgaria in 2017, I wonder if this is related or just more Bulgarian crime wave?
BTW, what does it mean for the sheikh who owns OneCoin Ltd, that OneCoin Ltd is about to get default judgement in the SDNY Class Action case, possibly even today?
1. They sued OneCoin Ltd. (Bulgaria)not One Coin Ltd. (RAK)
2. That defualt seems in doubt:
My reading of the docket is that the judge is not overly impressed. An Order to Show Cause means – show the judge why he should not dismiss it.
US federal courts really do not like to issue unenforceable default orders against foreign defendants.
I do not understand why the SEC has not appointed a Trustee to recover the assets. Remember the Madoff case, a Trustee was appointed with lots of powers.
All the US proceedings against the OneCoin defendants have been criminal. The SEC is a civil action.
There has been no civil action filed by the SEC, thus a Receiver cannot be appointed.
Since OneCoin is not US based, I do not see the SEC filing a civil case against OneCoin.
@ Dr John
Counsell, shouldn’t you be saving saving this for a court? If a real court even exists in the jurisdiction you brought the action?
Considering nobody lives there permanently, and serivice elsewhere will be difficult nor impossible.
For the benefit of the followers of this site, what are the criterion please, for joining your action?
Thank you for providing the update on the case from PACER, Dr Levy.
1. They did sue OneCoin Ltd in UAE, sending summons to its known address at Jumeirah lake towers, used alternative means, etc.
There is no “OneCoin Ltd” in Bulgaria, but a maze of companies owned/managed by the bodybuilder nominee who goes by name Foxi.
AFAIK, they didn’t even try to reach out to the key Bulgarian entity which states itself as a representative office for OneCoin Ltd in Dubai and is based in the six-story building at the heart of Sofia, namely One Network Services Ltd.
2. The order to show cause seems to concern only the defendant Sebastian Greenwood, and stems from procedual neglects.
It seems to me Judge Caproni has no problems going forward with the default judgements against OneCoin Ltd, Ruja Ignatova and Gilbert Armenta.
I think OneCoin is more Mogilevich than Madoff. The sheikh turning out to be the owner of OneCoin is further proof that.
I’m not sure that the civil case plaintiffs have adequately realized what they are going up against.
I am looking at the Exhibits, they sued:
One Coin Ltd (Sofia)and served that entity at its last known address in Dubai.
They did not sue One Coin Ltd (RAK) which controlled by Sheikh Al Qassimi as the sole shareholder.
BIOT Supreme Court is real court and the claim form indicates where service will be performed. ccTLD .IO ring a bell?
But when you are suing this type of criminal, they do not behave like UBS AG or Deutsche Bank when they lose.
The legal action is but part of what we are doing to collect for victims and only a small part which is public along with our proposal to the EU.
Please register and support because the real culprit here are the regulators who let slow moving train wrecks like OneCoin occur and then provide no remedy for victims.
The EU Commission is guilty of maladministration on a massive scale in regards to crypto crooks by letting certain of its members become havens for the crypto mafia.
As Semjon said, there’s no Onecoin Ltd in Bulgarian company register.
Here is who they are suing according to their own summons:
Here is what the 2nd amended complaint says:
So it is a “foreign” [non USA] corp headquartered in Dubai but based in Bulgaria and they use a Sofia address on the summons but they serve it in Dubai using alternative service.
That likely won’t hold water in a Dubai court but first they have to get the default judgment against the “foreign” corporation.
Foreign courts don’t like defaults and especially defaults by alternative service. But let’s see what happens.
@Dr. Jon Levy – The value of Satoshi‘s bags has been grandfathered in, over a dozen years. And they’ve never touched their coins.
They probably may have become abandoned with Hal Finney’s death though. Van Gogh never saw profit w/in his lifetime. His paintings being valuable now doesn’t suddenly make him a crook (absurd laws aside).
Especially post-mortem. No mortal would have such Diamond hands to HODL every increment to this day.
Ps. Thank you for sharing your documents though!
You haven’t answered my question.
Why sue in a fruitcake jurisdiction that has no jurisdiction? Then also, why sue on behalf of a trust established in the Bahamas?
Who are the trustees? Who are the beneficiaries? What locus standi do they have on an island in the middle of the Indian Ocean that is not permanently inhabited?
You must be aware that class actions as they exist in the US do not in English Law.
How are you going to effect service on witnesses and the defendants?
How does a real victim join the trust as a plaintiff? Even if you win, how do you suppose you are going to enforce that judgment?
The EU and its history with crypto is a non sequitor. OC was never a crypto. It’s old fashioned fraud.
The OneLife network could just as easily have been selling cheese that didn’t exist but magically grew in value in the background.
I was going to let you go as well intentioned until you mentioned what you did about Satoshi. That is BS. I’m worried your whole action is too.
You will not be forgiven if your motives here are not entirely pure. We do not have the luxury of letting these fraudsters win a propaganda victory with a hack lawsuit falling over.
The Class Action plaintiffs have never done even serious open source research. They relied on representations that OneCoin and its promoters made in public, without properly understading what they are looking at.
The fact that they, in 2019, sued “OneCoin Ltd” (which doesn’t exist in Bulgaria) at the Tsar Obo address the fraudsters haven’t used since April 2016 goes to prove how sloppy they are.
And the current “hickup” due to procedual neglect wasn’t their first one. They should have done the kind of legwork you did with UAE documents years ago.
I thought there was even a possibility the UAE entity “OneCoin Ltd” doesn’t exist anymore, because they had abandoned some of their known UAE entities in 2018/2019 (Ravenr Limited & RISG Limited).
Now that the UAE documents you gracefully provided are in public domain, they probably use them in their own advantage.
Here is a funny example of what kind of organization we are dealing with.
Although Ruja represented herself as the CEO of OneCoin, I think the documents you provided indicate that she may have never been that officially.
In the original “OneCoin Ltd” (Gibraltar) the director was first Pegaron Invest Ltd (represnted by Ruja’s mother Veska Ignatova) and later her lawyer Martin Breidenbach (–> imgur.com/a/OTXGX).
At some point, the Gibraltar entity got replaced by the UAE entity (your document show that it was BigCoin era “Prosper Ltd” renamed as “OneCoin Ltd”), but — before the sheikh — the official directors/shareholders were the Panama citizens.
When I read carefully the BTC trade documents, I think they try to paint a picture that it’s not in fact Ruja but the Panama citizens who actually got the USB sticks.
In connection to the trade, Ruja acquired POA from the Panama citizens to represent OneCoin Ltd — so she didn’t have it before — supposedly just to act as the courier for delivering the USB sticks from the sheikh to the Panama citizens.
That was POA to act on behalf of OneCoin Ltd(legal person), but there possibly exists a separate POA from the Panama citizens to Ruja personally.
Or perhaps they didn’t even bother making one, and the Panama citizens can now sue Ruja for stealing their bitcoins. 😉
Yes, I that is why I am here to learn and offer information in exchange. Being\transparent also scares the Hell out of the scammers.
I have been suing the Vatican Bank for 20 years and will continue doing so another 20 if I have to; but going after crypto crooks is much easier and I classify Ignatova as crypto because crypto was the bait and the means like all the other HYIPs, fake platforms and most of the alt coins and crap ICOs, smart contracts and other junk.
Hey Stevie – IMO BTC is the means to scam if not an actual scam – market manipulation, non transparent organization, full nodes that do what exactly and how are they compensated, false volume, massive money laundering through blenders, mixers, and coinjoins.
And even if BTC is “real,” the main beneficiaries are the money laundering cartels, crypto casinos, Israeli scammers, terrorists and hackers, tax evaders and sometimes speculators who think they can predict the rise and fall of BTC which is tethered to nothing real.
And of course the fake Satoshi Nakamoto who never existed.
Breidenbach – time to release some stuff about him.
Stevie – read the particulars of the complaint, it answers those questions – jlevy.co/wp-content/uploads/2021/05/OneCoinICOIO.pdf
Mashreq Bank Files Part I: Ignatova, Greenwood, Cully, Breidenbach.
Mashreq Bank already had the evidence on OneCoin in 2015 needed to shut them down. But regulators and law enforcement moved at snail’s pace.
Now that same money and property is falling into the hands of OneCoin associates in the UAE.
Thank you for sharing these very interesting documents. Keep them coming.
– Nicholas David Cully is new name to me. He seems to be associated with the The Sovereign Group.
The OneCoin Ltd Gibraltar docs that I just linked to show that Sovereign was OneCoin Ltd’s secratary, and Fenwick Limited — the OneCoin Ltd(Gibraltar)’s shareholder — is also linked to Sovereign (–> offshoreleaks.icij.org/nodes/56059603).
– Reef Tower Building Office No 801. as the address of OneCoin Ltd (and same as Prosperia FZE) is a bit confusing.
Didn’t it supposed to be at Platinum Towers back then? And I wonder when did they put the Panama citizens in chrage for the shows Breidenbach as the shareholder.
– Ruja and Sebastian have the same address in Dubai. Lovebirds living together? 😉
– Part of the reason why the accounts were frozen was due to Dubai police receiving intelligence report from Kuwait police!? Very strange.
– BehindMLM mentioned!
– Romanian software firm Witchhut SRL might have been involved in OneCoin money laundering.
Yes, regulators count on sites like Behind MLM to do their footwork; I have seen this before. They consider it a reliable source.
I have the Kuwaiti CID document. It does reference the sale of the bank license and diplomatic credentials by Al Qassimi to Ruja which I can document.
It makes other allegations as well which are quite surprising. I will release those next.
Video is always nice:
A new website was created for the planned event in Bulgaria in July 2021: oneecosys.com
The sale of tickets is apparently very slow. Now the fraudsters lure with special offers in today’s newsletter.
Why should someone invest up to 450 euros on a ticket to be lied to again?
Probably the OneCoin preacher Cordel ‘KingJayms’ James will announce again that a “new” DealShaker will start in the summer and that the critics of OneCoin all belong to the so-called “Bitcoin sect”.
Obviously he still believes in the final victory like Adolf Hitler did in April 1945 …
The domain registration of oneecosys.eu:
Now the OneCoin scammers are hiding in Malta.
King’s cause certainly looks as hopeless as Hitler’s did in April 1945. He is reduced to relying on some kind of “triumph of the will”, belief in destiny and magical wonder weapons which never arrive in time.
King Size Jayms must feel like he is in a bunker moving ghost armies of IMAs around a map. Can someone please buy him a cyanide capsule?
He doesn’t need a cyanide capsule. Like a brave samurai, he will kill himself with his own sword:
I’m sure he rehearses in his head what he is going to say to the FBI when they get him.
One way he isn’t going out is by starvation. Him, Luca, Cristi, Adeel, Ruja, and many more could go on hunger strike right now and still die of old age.
Are there any other ccTLD .EU OneCoin sites still up and running?
Reason I ask is because the EU Commission owns ccTLD .EU and I have made several specific requests to them about aiding and abetting money laundering.
The EU Commission claims everyhting is under control and Bulgarian authorities will see that justice is done. I call that maladministration.
Apparently I was wrong, they did not shut it down or somehow it started again:
@ Dr. J Levy
A short summary.
oneecosys.com – works since April 2021
support.onelife.eu – works
oneacademy.eu – works
xcoinx.com – not available for years
onecoin.eu – not available for months
oneworldfoundation.eu – not available for months
onelifeevents.eu – not available for months
@Melanie From Germany & @Dr. J Levy:
OneForex.eu – COMPLETELY re-vamped!
Since the domain is now owned by one of our friends, I didn’t mention it.
Bad news for around 1.3 million OneCoin owners in China.
welt.de/videos/video231244647/Kryptomarkt-bricht-ein-Bitcoin-stuerzt-ab.html (Only in German)
@ Dr. J Levy
I want to add dealshaker.com. The only portal in the world where you can pay in whole or in part with OneCoin.
King Jayms is on video shooting a machine gun in Viet Nam and claiming it is what he would like to do to “haters” of OneCoin.
He specifically named Bjorn Bjercke at the end implying he needed to be careful, a very direct death threat.
You can watch the video here: youtu.be/g6SuUfUiwzU
Yeah it’s pretty crazy. The Bulgarian authorities will definitely NOT see that justice is done, on the contrary.
Onecoin’s main servicing company One Network Services Ltd and its office has been sitting in the very center of Sofia for years, without any interference from the Bulgarian authorities.
We all know why is that. Ruja personally knows Tsvetelina Borislavova, the ex-wife of Boyko Borisov who runs the most corrupt country in the whole Europe. So, Bulgarian authorities will not do anything, at least until Borisov is out.
Ruja has paid enough with her scammed billions to secure a safe haven in Bulgaria for Onecoin.
The EU Commission falsely claims:
OneCoin, USITech, and most of the big crypto frauds touch the EU in some way. Apparently the EU Commission overlooked OneCoin based in Sofia and Gibraltar.
This is on petition with the EUP – should they decide against victims, this will all likely go to court.
The EC is against helping victims because their most corrupt members – the governments of Latvia, Estonia, and Bulgaria are part of the problem.
Probably the fraudulent “KingJayms” had seen this video before:
OneApp is no longer hosted on Google Play..
Then the Portuguese top scammer Henrique Machado (DealShaker Country Manager Portugal) should delete this video very quickly:
PS: Dr. J. Levy is also mentioned in the article.
Luca and Cristi are hyping in an event in Ukraine today, that Luca and his friends have founded a private bank which has already got permission from the Ukraine national bank.
The bank is called “One Bank” and is independent of OneCoin/OneLife, but Luca claims it will accept and liquidate OneCoins, and there will be a debit card for all OneLife members and so on.. very believable plans especially what comes to the liquidation of coins. 😀
Here’s the video. The interesting part starts after about 44 minutes.
One of these 7 women next to the Romanian top scammer Cristi Calina is Ioana Ochenatu (OneLife Romanian Diamond). Which is it? The third from the left with the green pants?
Use Google translate to see how another ICAFE “Ambassador” was un masked in Madagascar:
I wonder how many other ICAFE “Ambassadors” are on the loose?
One might come away thinking ICAFE is somewhat of a diplomatic credentials factory.
What a great meeting. 15 people including Cristi. Everyone looked so excited and thrilled to be there.
Someone needs to tell Christi to get a vest and jacket that fits or go on a diet. He looks like a two-pointed top. A long way from the good ole days, huh Cristi.
This fits this new video of the notorious liar and OneCoin scammer Syed Muhammad Muzammil Gilani from Multan in Pakistan:
“Livestock Farming by Doctor Irfan” is the 6th (!) YouTube channel on which Syed Gilani is spreading his lies!
A quick quote:
The last 10 lying videos on this channel:
Thanh Duong, the OneCoin scammer from Adelaide, uploaded this video today with OneCoin scammer Luca Miatton from Italy:
Thanh is a special kind of lost fool. How does he think this ends?
Six months after the arrest of Konstantin Ignatov, the Romanian top scammer Cristi Calina uploaded this video:
Who is the man in the background? Do we have to know that? Was he still actively involved in the fraud in September 2019?
Another question: What have OneCoin members around the world been waiting for in September 2019? It was the announcement that the OneExchange was about to start. Weekly the alleged development of the scammers in Sofia was reported as follows: “Onecoin Exchange Platform Weekly Summary – xxx Week.”
Here is an example from July 2019:
94 weeks have passed since July 2019. When will the OneExchange finally start? My impatience grows stronger every day …
Her German husband Björn Strehl (without “Dr.”) is officially managing director of Matunos GmbH in Neu-Isenburg in the immediate vicinity of Frankfurt am Main.
Real estate is great for any form of money laundering. Arab clans have been practicing this very successfully in Germany for a long time.
Björn Strehl is the only broker and investor in Germany who works completely without a landline phone. His website matunos.de has not been updated for years. No offers, no photos. Completely typical of a dummy firm.
The following companies are also registered at the same address:
Matunos Residential GmbH – Matunos Services GmbH – Matunos Commercial GmbH
Ingolf Herbert Otto Strehl from Bad Liebenzell is the managing director of these three companies. A new, opaque company network that only operates with a single website.
Addition to comment #61
Will ONE Bank Limited in Bangladesh agree with this name?
The bank still exists and is looking for staff:
Ukraine’s Digital Transformation Ministry denies co-operation with OneCoin/OneLife:
I had another vet day today so no news. Got a lot to catch up on tomorrow.
Probably start with this 😀
Let’s see if that statement will be on the Ministry website tomorrow. But anyway, Yulia Parkhomenko from the ministry already denied the cooperation. The comment can be seen in this Facebook thread:
So are the pics with various governement officials fake? Are they not really government officials (right up to a deputy cabinet minister apparently)?
Or, more likely, were they speaking at cross purposes and the Ukraines had not done a shred of due diligence?
There is picture proof that Luca and his entourage met pretty high-ranking Ukrainian officials last fall. The Ukrainians didn’t do any due diligence back then, and might have continued to show interest later on too. (See: https://behindmlm.com/companies/onecoin/so-were-getting-a-onecoin-movie/#comment-430778)
I think it’s also possible that the Ministry is covering up their stupidity/mistake/corruption by claiming now that the document is fake.
If it’s really a fake, Kingsize Jayms will probably use the incident to try to kick Luca and Cristi out of OneLife. The recent video shows that there is still bad blood between Kingsize and Calina-Miatton.
My guess is the Ukraines didn’t do their due diligence..
And the Onecoin scammers took full advantage of it, using the relationships which the ex-member of the parliament Lidiia Koteliak has, to arrange meetings and take promotional photos.
Faking a letter from the ministry would be outrageous, but not impossible for the blatant mafiosos like Luca and Cristi.
But the most important thing is that the Ukrainians deny now the cooperation with the OneCoin/OneLife scammers. About time..
KingSize, Cristi Cakelina and Luka Fatton, squeezed behind a table together look like those early episodes of The Sopranos where Big Pussy, Vito and Bobby can’t get at the canneloni fast enough.
A civil law between these guys would be the most entertaining thing since I watched two boys I absolutely disliked go at each other with everything in the playground at school.
I didn’t care who won but I wanted whoever lost to lose really badly.
Does anyone speak romanian? What lies did the top scammer Cristi Calina tell in this video?
OneCoin fraudster Yuri Sulima from Ukraine advertises the fraudulent currency from Bulgaria on his car:
The UKRAINEONECOIN.COM domain registration with all the contact details of this fraudster:
Is Yuri Sulima cheating in Germany too? Here he names Hamburg as his place of residence. Apparently he speaks German, Russian, English and Ukrainian.
The contact details on the ukraineonecoin.com fraud portal with two phone numbers:
Currently ukraineonecoin.com only reports:
Video from March 12, 2021:
PS: “CM” means DealShaker Country Manager.
The content of the video also as text directly below the video.
Addition to comment #38
Today’s video with OneCoin preacher Cordel ‘KingJayms’ James:
I understood that the OneCoin idiots should buy the completely overpriced tickets …
Video from April 17, 2021
A real currency could be burned or dumped in the ocean. This is not possible with OneCoin, because it is nothing more than a few fictitious numbers on the monitor.
OneCoin fraudster Thanh Duong (“Thanh OC”) from Australia only knows one way – to buy scrap and crap on DealShaker.
Also funny: “OneForex” and “OneApp” are still being advertised behind Thanh Duong!
A comparison with this video by Ken Labine from July 2017 is also funny:
This is a horrible thing to say. King, Calina, Adeel, Hye, Thang, Luca, all deserve the worst of the prison experience.
Addition to comment #82
Another video on the same topic from February 2017:
This scammer’s answers in short form:
Point 3 was particularly interesting for me! I remembered the ofccoinoffering.eu scam portal and wanted to visit the site:
Unfortunately without success:
I could buy the domain because I read:
The video mentioned above was uploaded by an unknown scammer. He calls his channel “Your Coin World” and allegedly lives in the United States.
Current newspaper article.
President Nayib Bukele should do better research. OneCoin is the official BITCOIN KILLER – that’s what Ruja Ignatova promised!
When the Bitcoin is destroyed, the people of El Salvador will execute their president.
Ruja has always claimed that OneCoin has its own blockchain. We know that was a lie.
In two videos, the notorious liar and OneCoin fraudster Syed Muhammad Muzammil Gilani from Multan, Pakistan now claims:
Can anybody confirm this?
Addition to comment #61
“Beaming Wink” is the seventh (!) YouTube channel on which the notorious liar and OneCoin scammer Syed Muhammad Muzammil Gilani from Multan in Pakistan has uploaded 57 videos so far:
“AK AUTOMATION TECHNOLOGIES” is the eighth (!) YouTube channel on which the notorious liar and OneCoin scammer Syed Muhammad Muzammil Gilani from Multan in Pakistan has so far uploaded 11 videos:
On this channel he calls himself MUHAMMAD NADEEM and gives contact details:
Marcel Kuhn, a serial fraudster from Dielsdorf in Switzerland, calls his website “Crypto Competence Center”. How competent is someone who mentions the following scams on his website?
In the section “About me” he also writes (partial quotation):
With this sentence alone, the fraudster Marcel Kuhn exposes himself! In contrast to many other fraudsters, however, his website contains an imprint:
Peter Lobsiger from Nottwil in Switzerland writes:
He also claims that he made more than 300,000 euros in sales on the DealShaker in two months. But his personal link to DealShaker is dead! The links to onecoin.eu and onelife.eu do not work either.
But the imprint is complete:
A photo of this OneCoin scammer from Switzerland:
Another OneCoin fraudster from Switzerland is Laszlo Horog (left), here in a video with the mentally ill Martin Mayer from Liechtenstein:
Laszlo Horog has numerous contacts with other OneCoin scammers that I will comment on later.
Addition to comment #90
Another funny link from OneCoin scammer Peter Lobsiger from Nottwil in Switzerland:
@ Peter Lobsiger
The OneCoin scammers in Sofia have been accepting Bitcoin for many years! Why? Because they are smarter than you. Nobody can buy or pay for anything with a mirage like OneCoin.
I also requested written information from Peter Lobziger about the brilliant business opportunity with OneCoin. This was his ridiculous answer:
Doesn’t this scammer know his own website, which has lots of links?
What happened to this brilliant project from March 2020? The Indonesian OneCoin scammer “Dr.” Sulistya Putra announced at the time:
This Indonesian con man’s plans were idiotic, ridiculous and completely unrealistic. An example: Bali should become a ONEWONDERLAND:
15 months have passed since March 2020. How many merchants are currently registered on the DealShaker portal? 1 million? 2 million? No, it’s just only ridiculous 136,604 registered businesses:
More details about “Dr.” Sulistya Putra here:
Sulistya Putra (without “Dr.”) on Pinterest:
We should ask “Dr.” Sulistya Putra why his plans were unsuccessful. But he won’t answer us. The explanation is simple. He found another scam that he can obviously make more money off of – Crowd1.
On this website Master Coach Sulistya Putra is quoted 11 times as praising Crowd1 as the 8th wonder of the world:
Just one of the 11 quotes:
The extensive article with several photos of Indonesian Crowd1 scammers was published on December 1st, 2020.
PS: The term “ecosystem” is now used by many fraudulent networks, not just OneCoin.
This is the title of an article that the notorious liar and OneCoin fraudster Syed Muhammad Muzammil Gilani from Multan, Pakistan, posted on his website envirementalb.com:
No date is given, but the domain was registered on January 18, 2019.
Sebastian Moreno Lopez is an active OneCoin scammer from Spain:
Sebastian Moreno Lopez on Twitter:
Sebastian Moreno Lopez on YouTube (111 videos and 3,270 subscribers):
His profile on blogger.com/profile/15837937781556206059 is not available.
The domain onelife.eu.com was registered on September 11, 2015. The owner is a company in Luxembourg:
It was only on December 17th, 2020 that this company indicated on its website that it had nothing to do with the OneLife website onelife.eu of the OneCoin scammers in Sofia:
This is what happens when a company fails to protect their company’s name. The onelife.eu domain has existed since 2011 and was offered for sale by a domain broker (sedo.com):
Or is the Luxembourg company only now washing its hands of OneCoin?
I don’t take anything connected to OneCoin at face value.
This is how the Luxembourg company officially presents itself:
I read this unofficially: “We will help you launder your assets worldwide and minimize or prevent the payment of any taxes.”
Was Pierre “Pitt” Arens a senior member of that company?
The names of the board members:
Yeah, they knew exactly what they were doing and who they were getting involved with.
Article of July 30, 2021.
Read on at
Obviously the scammers in Sofia are starting a second attempt:
Yesterday’s newsletter is worth reading. New fees, new penalties, new Super Wonder Wheel, etc.
I saw it! OneLife.eu is still an active domain. This domain is owned by the European Commission which is opposing our petition for a restitution fund for victims of cryptocurrency fraud.
We will yet again bring this to their attemtion. They can kill that domain very easily.
@Jonathan Levy, it seems they pretty much abandoned onelife.eu domain. There’s not even a redirect to the domain they are using now: oneecosystem.eu
Also while at it, let’s put this here too:
What can we expect on oneecosys.com?
oneecosys.com runs in a continuous loop. The current display shows:
Sensational! Pedro Luiz from Brazil shows a real AURUM GOLD COIN in this video!
For readers who don’t know what an Aurum Gold Coin is, a brief explanation:
Every OneCoin / OneLife IMA can buy and sell Aurum Gold Coins on the goldvault.co portal. Ruja Ignatova personally promised that! She should exchange her Bitcoins for real Aurum Gold Coins. A gold-backed currency is more secure than Bitcoin.
PS: Unfortunately I cannot contact Pedro Luiz because his scam portal cointeam.com.br no longer exists.
Every day a new sensation at OneCoin! Syed Muhammad Muzammil Gilani from Pakistan reports:
When will Boris Johnson introduce OneCoin as the official national currency in the United Kingdom?
@Melanie I think we have enough reports already about Syed Muhammad Muzammil Gilani’s different Youtube videos. His Youtube channels are pumping literally dozens of videos daily with such sensational topics.
The funny thing is, it probably makes more harm than good for the scam at this point, because people can quickly recognize there’s so many similar BS videos done by these same channels which just pump out day after day these stupid lies which never come true.
Short video from April 2017 with Sebastian Greenwood and Ruja Ignatova:
The following screenshot from this video describes the two scammers completely correctly:
There are still idiots who congratulate Ruja Ignatova on her birthday. Video from May 30th 2021:
On the same channel of Sono Bhai also this video was published in which the OneCoin scam partially is exposed:
Although this video was also uploaded by the notorious liar and OneCoin scammer Syed Muhammad Muzammil Gilani from Pakistan, I would highly recommend it to our readers.
Why? It has some facts about the OneCoin scam and also Dr. Jonathan Levy is mentioned and cited.
I don’t give the title of the video because it is misleading.
I am pleased that there are also warnings in Russian about the OneCoin fraud. Video from December 18, 2020 with 116,900 views:
The video met with a lot of consent. 2,707 likes and only 237 dislikes and 246 mostly positive comments.
Video from August 2021:
Ognyan Ognyanov commented:
Does anyone know the Hollywood actor Liam Neeson? A Bulgarian portal reported in April 2021:
Who approved filming on the yacht? Ruja personally?
‘Memory’ – location is Sofia, Bulgaria
Either that Russian mob staking it out or someone politically affiliated would be my guess.
My guess us on Veska authorizing the use of the yacht for filming if it is still in Ruja’s name. It is after all a non-performing asset that is costing money to keep.
Ah yeah, hadn’t considered that.
I wonder how you’d even initiate that contract…
Group action lawsuit will be filed in London:
Anybody who has information on which corrupt Bulgarian officials are protecting Ruja, Veska, and their associates in Bulgaria, please contact me in confidence.
Ruja should hide her Bitcoins well. I am currently reading that the German judicial authorities in North Rhine-Westphalia are now auctioning Bitcoins. Most of them come from the drug trade.
Ruja received the BTC on offline cold wallets provided to her by Sheikh Al Qassimi.
If she kept the BTC offline and simply disposed of them and/or purchased goods and services peer to peer anonymously; very little trace back to her is possible.
Quote from today’s newsletter:
PS: In Turkey, the use of cryptocurrencies has been banned since April 2021:
You learn new things about Ignatova all the time, I bet no one has ever questioned her buddy the “Ice Queen?” Is law enforcement even looking for her?
A bounty of 10% of the recovered proceeds up to 1 billion Euros sounds like the best way to get her.
No one from the crypto community or anywhere else has refuted the existence of the 4 memory sticks containing 230,000 BTC in her possession.
@Dr. Jon Levy
Two articles from September 2015:
An important statement in the very detailed article:
That was obviously a lie, because I found this video from April 4, 2015 on YouTube:
The speakers on the stage were Ruja Ignatova and a man I don’t know:
Were all guests in the hall non-Bulgarians?
At that time Ruja with ordinary clothes and without jewelry such as earrings, necklaces, etc. That changed drastically a month later in Dubai:
Nikola Stefanov received a worthless certificate from Ruja in Sofia as a new “Ruby” with her signature:
An important sentence. Does Mark Zuckerberg know that Facebook is a cryptocurrency?
The “Ice Queen” Asdis Rán is obviously living in Bulgaria again.
She refused to wear a face mask and thus endangered herself and other people. Eyewitnesses reacted indignantly.
Short article from February 2021 with video:
Nikola Stefanov (from Bulgaria?) mentioned in my last comment uploaded 36 videos to YouTube from January to September 2015. Then it was over.
Obviously he had bought many worthless “educational packages” because below the videos he advertised with many different registration links.
Nikola Stefanov in the video:
This lie was spread in July 2018 by a fraudster from Pakistan who calls himself “Az 4 you” (Onecoin Larkana Sindh Pakistan) on YouTube:
This video was uploaded to YouTube eight months (!) after Ruja’s escape.
Also in the video: Frank Ricketts accused in Germany:
Konstantin Ignatov with girlfriend (or wife?):
More lies on this channel:
Article in the Austrian edition of FORBES magazine:
There are no facts in this video, just three minutes of spirited music. In addition to numerous OneCoin scammers, I discover Ruja’s husband Björn Strehl several times in this video.
Time that US DOJ put a stop to this nonsense – they have a OIA (Office of International Affairs) which can make a request that Bulgaria and UAE shut down these crooks.
Victim rights are being ignored:
Thanks for the update Jon. I’m sitting this one out because US authorities don’t comment on open investigations.
If that changes let me know :D.
US authorities have a mandate to look after the victims and restitution, not my opinion, that is the law:
And they are looking after the victims of Madoff, Stanford, Epstien, and Maxwell but ignoring victims of the Ignatov clan.
Are they supposed to wait until Hell freezes over?
Yeah but when that comes up against the “we don’t comment on open investigations”, I don’t see it winning over.
I’ve never known the DOJ or SEC to compromise an open investigation. At least not intentionally (see Frank Schneider snitching to Ruja or Thai authorities leaking Greenwood’s extradition).
I don’t necessarily agree with it but that’s how they do.
One glaring difference between those you named is they were US citizens. This is the US cleaning up Europe’s MLM Ponzi mess because they’re incompetent.
That matters because, as you can see with Bulgaria (and Dubai, outside of Europe), cooperation where it matters is non-existent.
Open investigiation is not an excuse to neglect victims, the case has been active since 2019 and not one penny recovered.
DOJ is in violation of its own gudelines:
Page 45 of 66
It does not say that Karl Sebastian Greenwood can move millions from his jail cell or that Emirati and Bulgarian crooks can continue to enjoy their loot.
Additionally, K. Ignatov plead guilty – so where’s the restitution?
Has the US government even requested cooperation from Bulgaria or UAE? I am filing a FOIA to find out.
All I can say is good luck and thanks for keeping me posted.
Read on at
In comments #22, 51 and 102, Dr. Jon Levy mentioned a petition. I found a petition on change.org:
For all people who speak Spanish, this video with 547,378 views is interesting.
PS: In the picture the arrested Alejandro Taylor from Argentina.
Why did OneCoin scammer Syed Muhammad Muzammil Gilani from Multan in Pakisten upload this video?
The content of the video was copied from this source:
Addition to comment #87
Why has notorious liar and OneCoin scammer Syed Muhammad Muzammil Gilani from Multan in Pakistan not updated his “Beaming Wink” channel since July 11, 2020? 1,290 subscribers are desperately waiting for new lies!
Addition to comment #65
Today I received the following warning via email:
The former lawyer Björn Strehl obviously cannot sell real estate successfully…
Please would you be kind enough to clarify your post Melanie?
I’ve viewed the links you posted but I’m still a little confused. Perhaps some of the meaning was lost in the translation from German to English. I’ve gone back to your post #65 but I’m still not exactly clear what’s going on.
Any clarification would be most welcome, particularly for someone like me with no understanding of German.
The matter is complicated. Ruja Ignatova and Björn Strehl got married in 2010:
In 2014, Ruja started the OneCoin scam. What did Björn Strehl, who was working as a lawyer at the time, know? Nobody knows if the two are still married or when they separated. Björn Strehl does not answer inquiries from journalists.
In March 2017, Björn Strehl founded his real estate company Matunos GmbH. Here is the excerpt from the German commercial register:
This video was uploaded yesterday and already has more than 251,000 views:
Important! Uploaded by Funk.
Funk is part of the German public broadcasting service.
Addition to comment #105
Screenshot from today:
Apparently the rocket has massive launch problems… 🙂
The online video portal KZread.info has published several videos about the OneCoin scam. At the end of a video, this article is credited and shown by BehindMLM:
Addition to comment #147
The current figures are very pleasing!
591,098 views, 38,932 likes and 1,986 comments. In the photo Ruja Ignatova and her husband Björn Strehl:
@Melanie from Germany
Please accept my apologies for the late reply. I’m very grateful for your clarification, thank you.
No problem. I’m happy to help if I can.
Addition to comment #150
The original video now has 771,811 views.
The same topic is covered in three other German videos:
youtube.com/watch?v=kDFHyKn8AMQ (15,801 views)
Addition to comment #89
Good news from Switzerland. The kryptocc.ch fraud portal no longer exists. On March 10, 2022, the website was still online. OneCoin scammer Marcel Kuhn was active in Switzerland and Germany:
His company – Krypto Competence Center GmbH in Dielsdorf – still exists:
Addition to comments #65, 131, 144, 146 and 150.
I discovered an interesting detail.
Before purchasing the casting plant in Waltenhofen, Ruja Ignatova founded the following company in March 2010: MAINEPTUN GmbH.
An old excerpt from the German commercial register:
The address of MAINEPTUN GmbH was:
Ruja’s husband Björn Strehl founded the company MATUNOS GmbH in March 2017.
The address of MATUNOS GmbH is:
Is the house owned by Ruja or Björn Strehl? Google Maps shows a house in a residential area, not in a commercial area.
This video is two years old but only has 13,151 views:
The title was poorly chosen. The video would have been more successful with “OneCoin” or “Ruja Ignatova” in the title.
Addition to comment #147
The video currently has 897,414 views! It is excellent that this fraud is also reported in German.
2,495 comments are also rarely found under a video on YouTube.
Addition to comment #86
Scammers in Sofia are trying to sell worthless GAS again – with a 40% discount:
PS: The ONE brand has been tainted since June 2014. Impossible to sully this brand any more.
Video by Satendra Kumar Saini from India:
Video by Erick Rueda ONE from Panama:
Addition to comment #61
Syed Muhammad Muzammil Gilani‘s “Livestock Farming by Doctor Irfan” scam channel still exists but has not been updated as of October 31, 2021. It contains 322 videos, most of them for OneCoin scam:
The man pictured above left is not a rancher but a judge from the United States. More details here:
Addition to comments #147 and 150
The video is very popular. Today’s numbers:
1,211,312 views and 51,811 likes.
Addition to comment #88
OneCoin scammer Syed Muhammad Muzammil Gilani from Pakistan is very busy. He has currently uploaded 601 (!) OneCoin videos on his channel AK AUTOMATION TECHNOLOGIES in just one year. A preview of the last ten:
26 of these videos contain the term “Exchange” in the title. So he keeps luring stupid people to his channel full of lies.
Good news for OneCoin Bulgaria: Bulgaria’s Supreme Judicial Council (SJC) rejected the formal request to dismiss Ivan Geshev as Prosecutor-General late on July 7, with 16 members voting against and two in favour – they can look for ward to a continued hands off policy?
Semjon wrote in comment #11:
I don’t know if this video is already known or recommended. Ruja speaks like a real queen… 🙂
I just quote two sentences:
Reports of Ruja’s death are greatly exaggerated:
I was going to ignore the Ruja 2018 death thing but now that it’s been blasted everywhere I suppose it’s worth recording. Particularly Duncan Arthur’s rebuttal.
Bird’s website is currently down, I suspect someone in Bulgaria isn’t happy.
Yesterday evening the article by Martin Himmelheber was no longer readable:
The bird.bg portal is available again.
Himmelheber article in English: