The Onecoin Ponzi scheme remains to be making headlines as reviews from a trial in Germany revealed the lacking ‘Cryptoqueen,’ Ruja Ignatova, bought a London penthouse value $18.2 million with proceeds from the Onecoin operation. The Münster court docket’s findings stem from the trial towards Martin Breidenbach, Ignatova’s German legal professional, who’s being accused of cash laundering.
‘Cryptoqueen’ Ruja Ignatova’s $18.2 Million London Penthouse – House Stuffed With High quality Artwork, Uncommon Andy Warhol Piece
Ruja Ignatova, Onecoin’s ‘Cryptoqueen,’ bought a luxurious penthouse house in London through a shell firm, in response to current reviews from the BBC. The report notes that Martin Breidenbach is on trial in Münster, Germany with two different people over alleged cash laundering prices which might be related to the Onecoin pyramid scheme and Ruja Ignatova. Stories revealed years in the past present that Breidenbach began working with Onecoin in 2014.
The lawyer labored with the regulation agency Breidenbach Rechtsanwälte and it has been said that the legal professional was additionally the director of Onecoin Restricted (Gibraltar) for eight months in 2015, and ostensibly a accomplice in Cryptoreal agency RSB Central GmbH (Switzerland) as effectively. Breidenbach’s trial, alongside the findings from the British writer, BBC journalist, and “Lacking Cryptoqueen” podcast host, Jamie Bartlett, discovered that exhibits Ruja Ignatova had extraordinarily costly style.
The reviews say that the four-bedroom luxurious flat saved a variety of tremendous artworks hidden within the house, together with a uncommon Andy Warhol piece. The property was bought by a shell firm in 2016 which saved the ‘Cryptoqueen’s’ title out of the image. Simply earlier than she leased the London flat, Ignatova pleaded responsible to a German chapter case. Now Breidenbach is accused of cash laundering after transferring €20 million ($23 million) with the intention to finance the property.
Stories notice that the ‘Cryptoqueen’ did keep on the luxurious house in 2016 however didn’t spend a lot time there. The property’s proprietor, as proven on the deed, is known as Abbots Home Penthouse Restricted. In the meantime, Ruja Ignatova has been lacking since 2017 and regardless of a big worldwide search effort, she has not been discovered. Onecoin is taken into account one of many largest crypto-related Ponzi schemes ever and the primary as effectively.
In 2014 the Legislation Agency Breidenbach Rechtsanwälte Stated: ‘In Our Opinion, the Onecoin Is a Official Product’
The German lawyer’s workplace Breidenbach Rechtsanwälte in 2014 helped legitimize the concept Onecoin was a cryptocurrency, despite the fact that it didn’t have a blockchain or any similarities to any blockchain know-how.
“Most nations have acknowledged cryptocurrencies as a bona fide commodity, which can be held and traded by their residents,” the regulation agency Breidenbach Rechtsanwälte opined in 2014. “In our opinion, the ‘Onecoin’ is a legit product, restricted to 2.1 billion (cash),” the regulation agency added in December 2014.
What do you consider the trial of Martin Breidenbach in Germany and the ‘Cryptoqueen’s’ costly habits? Tell us what you consider this topic within the remark part beneath.
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