The Onecoin Ponzi scheme remains to be making headlines as stories 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 courtroom’s findings stem from the trial in opposition to Martin Breidenbach, Ignatova’s German lawyer, who’s being accused of cash laundering.
‘Cryptoqueen’ Ruja Ignatova’s $18.2 Million London Penthouse – Condo Stuffed With Wonderful Artwork, Uncommon Andy Warhol Piece
Ruja Ignatova, Onecoin’s ‘Cryptoqueen,’ bought a luxurious penthouse residence in London through a shell firm, in keeping with current stories from the BBC. The report notes that Martin Breidenbach is on trial in Münster, Germany with two different people over alleged cash laundering expenses which are linked to the Onecoin pyramid scheme and Ruja Ignatova. Experiences printed years in the past present that Breidenbach began working with Onecoin in 2014.
The lawyer labored with the legislation agency Breidenbach Rechtsanwälte and it has been said that the lawyer was additionally the director of Onecoin Restricted (Gibraltar) for eight months in 2015, and ostensibly a companion in Cryptoreal agency RSB Central GmbH (Switzerland) as effectively. Breidenbach’s trial, alongside the findings from the British creator, BBC journalist, and “Lacking Cryptoqueen” podcast host, Jamie Bartlett, discovered that reveals Ruja Ignatova had extraordinarily costly style.
The stories say that the four-bedroom luxurious flat stored quite a few wonderful artworks hidden within the residence, together with a uncommon Andy Warhol piece. The property was bought by a shell firm in 2016 which stored the ‘Cryptoqueen’s’ identify 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 a purpose to finance the property.
Experiences word that the ‘Cryptoqueen’ did keep on the luxurious residence in 2016 however didn’t spend a lot time there. The property’s proprietor, as proven on the deed, 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 Reputable Product’
The German lawyer’s workplace Breidenbach Rechtsanwälte in 2014 helped legitimize the concept that Onecoin was a cryptocurrency, although it didn’t have a blockchain or any similarities to any blockchain know-how.
“Most international locations have acknowledged cryptocurrencies as a bona fide commodity, which can be held and traded by their residents,” the legislation agency Breidenbach Rechtsanwälte opined in 2014. “In our opinion, the ‘Onecoin’ is a legit product, restricted to 2.1 billion (cash),” the legislation 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 under.
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