An interesting crypto case that still stirs the crypto community. Roza Ignatova, known as the “Crypto Queen,” disappeared in 2017, leaving behind one of the biggest scams in the history of cryptocurrency. This woman was behind OneCoin, a fraudulent scheme that defrauded more than 3.5 million people out of over $4 billion. Her whereabouts remain a mystery to this day.

The FBI has long put Ignatova on its list of the ten most wanted criminals. A reward of $5 million is offered for information that will lead to her arrest. But there has been no trace for almost a decade. She was last seen in Greece in 2017, and after that, only speculation and theories.

There is a version that Roza Ignatova is hiding somewhere in South Africa, possibly in Cape Town, in the wealthy Constance district. Interestingly, her brother Konstantin Ignatov was also implicated in OneCoin. He was arrested in Los Angeles in 2019, and he pleaded guilty. Recently, he was released after cooperating with U.S. prosecutors—he agreed to the forfeiture of $118,000. The brother even called OneCoin the biggest mistake of his life, but he never shared information about his sister.

But there is also a darker version. Bulgarian media suggest that Roza Ignatova may have been killed in 2018. According to some reports, she could have been eliminated on the orders of a local criminal figure, Hristofer Amanatidis, known as Taki. According to rumors, her body might even have been dismembered and dumped into the Ionian Sea. Taki is considered a major drug lord in Eastern Europe and is allegedly connected to OneCoin.

One of the best-known versions is that Ignatova is hiding on a luxury yacht somewhere in the Mediterranean Sea. Others assume she is simply dead. Nobody knows.

The original OneCoin scheme operated from 2014 to 2017 and positioned itself as a competitor to Bitcoin. It lured investors with luxurious parties and promises of huge returns. A pyramid scam typical for that time—yet on a truly impressive scale.

Following the trail of this case, films are already being made. The film Fake, starring Kate Winslet, will tell the story of a real scheme victim who lost about $300,000. The story of Roza Ignatova and her crypto empire remains one of the loudest in the crypto industry—and not in the best way.