This 'Cryptoqueen' scammed investors out of $4 billion, the FBI says. Then she boarded a plane......

[dalton99a]

1. Kick

But court documents detail a mind-blowing narrative: how Ignatova and her OneCoin co-founder, Karl Sebastian Greenwood, were allegedly aware from the start that their ambitious venture was a Ponzi scheme.

“The cryptocurrency OneCoin was established for the sole purpose of defrauding investors,” IRS Special Agent John R. Tafur said in a statement.

While Greenwood and Ignatova were working on the concept for OneCoin, they referred to it in emails as a “trashy coin,” federal officials said in court documents. The documents show Greenwood described their investors as “idiots” and “crazy” in an email to Ignatova’s brother, Konstantin Ignatov, who also took part in the scam and assumed OneCoin leadership after his sister vanished, according to prosecutors.

“It might not be (something) really clean or that I normally work on or even can be proud of (except with you in private when we make the money),” Ignatova wrote to Greenwood in 2014.

She also proposed an exit strategy should the company fail, saying in a 2014 email to Greenwood that they should “take the money and run and blame somebody else for this.”