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'Cryptoqueen' brother admits role in OneCoin fraud
Konstantin Ignatov, the brother of "missing cryptoqueen" Dr Ruja Ignatova, has admitted his role in the OneCoin crypto-currency fraud. Ignatov pleaded guilty to several charges, including money laundering and fraud. OneCoin and the disappearance of its co-founder, Dr Ruja Ignatova, have been the subject of a BBC Sounds podcast. Investigators believe as much as £4bn was raised globally in what is said to have amounted to a Ponzi scheme. The Bulgaria-based organisation behind OneCoin Ltd continues to operate and denies all wrongdoing. Ignatov was arrested at Los Angeles International Airport in March. He signed a ... (full story)