"Crypto Queen" Found Alive After Disappearing with $4B

GM, Web3 Wizards! It's your favorite newsletter, and we've got a thrilling update for you today!

Remember the Crypto Queen who disappeared with $4B back in 2017?

Well, she's been located and she's living the high life in a multi-million dollar penthouse in Kensington, London.

That's right, Dr. Ruja Ignatova, the founder of OneCoin, has been found after hiding out for more than 5 years.

For those who need a refresher, Ruja Ignatova was

• law degree holder from Oxford.

• worked at McKinsey before launching the infamous OneCoin.

• She marketed it as a "bitcoin killer".

• lured over 3 million investors from over 100 countries.

• Made false promises of high returns with low risk.

Unfortunately, these investors didn't know that the company lacked a blockchain and was completely fraudulent.

So how did she get caught?

A change in Companies House rules in the U.K. now requires the full name of the beneficial owner to be disclosed. So she was forced to reveal herself as the owner of her luxurious penthouse.

But where is she now?

Well, she vanished in 2017 after boarding a flight from Bulgaria to Athens, Greece and has been unaccounted for since.

So what's the lesson here, folks? DYOR and never trust a crypto queen who refers to investors as "idiots" and "crazy." & always check if a company has a real blockchain. Speaking of Real Blockchains : Cardano is Building up Momentum!

Cardano's Demand Soars!

$ADA holders and investors, brace yourselves! February is here and it's bringing big news for Cardano enthusiasts.

The expected launch of Djed could be a game-changer for Cardano. 

The stablecoin is expected to significantly boost the network's Total Value Locked (TVL) metric, a key indicator of blockchain activity, especially in the DeFi space. But some other reasons contributing to Cardano’s Momentum are :

1. Cardano sustained development.

The team is working on unveiling the first-ever smart contract written in Eopsin, an innovative Pythonic programming language, and an upgrade to introduce new built-in functions to the Plutus smart contracts.

2. Cardano's profitability has been recognized.

Source : Sentiment.

With 31 addresses holding between 1,000,000 and 100,000,000 ADA sold or redistributed since the network surpassed the $0.38 level on January 21.

3. Cardano Continuous Growth !

The network adding 7,173 wallets by January 29 and reaching a total of 3,901,908 wallets. The Cardano founder Charles Hoskinson clarified a brief "blip" in the growth, and the network continues to expand.

With the current demand and continued development, the future looks bright for Cardano and its investors. Just remember, investing in cryptocurrency always comes with risk. So, as always, make sure to do your own research and only invest what you can afford to lose.

That’s it for today folks, Thanks for tuning in.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be careful and do your own research.

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