They, whales, governments prepare all things and work together to release news and fud the market during bearish period.
Don't worry, they all will be go away. You will go through the eventful period after a few more months.
Topic: British police seize $408 million and arrest woman aged 39 - page 3. (Read 657 times)
If you were in crypto market for years and long enough, you would realize that fud and news about crypto crackdown, arrest, lawsuits always appear when Bitcoin is in correction?
They, whales, governments prepare all things and work together to release news and fud the market during bearish period.
Don't worry, they all will be go away. You will go through the eventful period after a few more months.
They, whales, governments prepare all things and work together to release news and fud the market during bearish period.
Don't worry, they all will be go away. You will go through the eventful period after a few more months.
With the nature of cryptocurrency and how annonymous it is , you would think thta people who would use it for no good would never get found and the criminals themselves would prove to be smarter than the usla ones that use fiat, but time and time again this is proven wrong with people getting busted for laundaring millions of dollars, it is a good thing to see the bad ones get caught but it also makes you question how anonymous using crypto is if it is at all.
It's only anonymous on the ledger until you follow it's trail. Cryptocurrency except for privacy coins are pseudonymous meaning that their offered anonymity has limits and can still be tracked. Also, the people that are sloppy are the ones that get caught by the authority, like the mythological Hydra, these money laundering operation only gets strong the more you cut off it's head. 
Think you're right OP. If it's that amount of crypto belonging to one person, the age fits right, and she has been suspected to be in London, just surprised it took police so long to locate her, given how highly visible she was at one point, and how well-surveilled the UK (and especially London) is. I was led to think by Spooks their network could face-ID someone in hours haha!
Even better if they got all the master "wallets" of Onecoin;)
The police claimed they seized cryptocurrency, however, the article does not say how and what they seized. I am skeptical. They might not have seized anything and if they seized something, what kind of cryptocoins? It might be a wallet full of Binance smartchain tokens hehehe.
Even better if they got all the master "wallets" of Onecoin;)
With the nature of cryptocurrency and how annonymous it is , you would think thta people who would use it for no good would never get found and the criminals themselves would prove to be smarter than the usla ones that use fiat, but time and time again this is proven wrong with people getting busted for laundaring millions of dollars, it is a good thing to see the bad ones get caught but it also makes you question how anonymous using crypto is if it is at all.
British police seize record $408 million haul of cryptocurrency
It's big news a 39 year old woman was arrested in connection with money laundering in excess of £114 million cryptocurrency. The same woman's being questioned by British police after more than £180 million of cryptocurrency was discovered later. They've linked over £294 million of cryptocurrency directly to her, that's $408 million. Maybe they'll find more.
The first name in my head was Ruscha Ignatowa she's a Bulgarian fraudster. She was a founder of the One Coin ponzi but wiki shows her age at 41 not 39. She's been sentenced by US authorities for wire fraud, securities fraud and money laundering.
British police didn't name the woman they'd arrested or name the cryptocurrencies they seized but if it's her it's certain she'll get extradited to the US where she'll face up to 90 years jail for the ponzi.
408 million dollars are huge amount to be seized by the government .It's big news a 39 year old woman was arrested in connection with money laundering in excess of £114 million cryptocurrency. The same woman's being questioned by British police after more than £180 million of cryptocurrency was discovered later. They've linked over £294 million of cryptocurrency directly to her, that's $408 million. Maybe they'll find more.
The first name in my head was Ruscha Ignatowa she's a Bulgarian fraudster. She was a founder of the One Coin ponzi but wiki shows her age at 41 not 39. She's been sentenced by US authorities for wire fraud, securities fraud and money laundering.
British police didn't name the woman they'd arrested or name the cryptocurrencies they seized but if it's her it's certain she'll get extradited to the US where she'll face up to 90 years jail for the ponzi.
and this proves how good the UK authority in seeking for their victims people .
...
I didn't read the news to the end but I hope it's really her...The Ponzi scheme carried out by the founders of One Coin is the largest in the history of cryptocurrencies and has caused great damage. it is proper for fraudsters who use Bitcoin and other cryptocurrencies like this to be in prison for life and even death.
What's going to happen to the money that was seized by the authorities? Will it be considered an evidence so it won't be circulated? I think that's how they do it when it comes to this seized assets and currency no matter what happens. That's a lot of cryptocurrency for someone not known among the crypto circles, I am sure that this is a big laundering thing because that amount of money isn't parked for a long time unless they want to clean something through cryptocurrency.
I don't know why the British police didn't mention the name of the woman they arrested or the cryptocurrencies they seized, they should have explained this information more accurately!!! In any case, I think that they will fill the world with noise because of cryptocurrencies because the first charge they are trying to attach to cryptocurrencies is money laundering, so this case will be a very good opportunity for them.
Probably because the investigation is still ongoing so they don't have to worry that the public will get in when the investigation is still on the way and until they find everything that they need to have the damning evidences presented. I think that not revealing the name is a standard procedure for many police around the world. I don't know why the British police didn't mention the name of the woman they arrested or the cryptocurrencies they seized, they should have explained this information more accurately!!!
Maybe they have reason why they still holding the details inside the arrest , maybe there are follow up investigation and they don't want those other participants to be alerted and flew out of the country while in Hunt , remember that this cost millions of dolalrs so there is no impossible for them to do.Quote
In any case, I think that they will fill the world with noise because of cryptocurrencies because the first charge they are trying to attach to cryptocurrencies is money laundering, so this case will be a very good opportunity for them.
And i believe that is what they are imposing to happen .Quote
Money laundering is a crime punishable by law in all countries and it existed before the existence of cryptocurrencies and of course it became easier after the existence of cryptocurrencies, but criminals should be punished instead of blaming cryptocurrencies because criminals do not refrain from using any means to launder their dirty money. Also, these governments should be blamed for their failure to regulate cryptocurrencies, which leads to the further spread of such cases.
I have not read anything about Them Blaming crypto ? if there are someone to be blamed here ? those are the Stupid investors that still believes in Sugar coated lips of these scammers.You are correct; I believe she is not the only one involved in this type of ponzi scheme and does not want some information made public so that others can be arrested. This is the first time I've heard of someone being caught in a ponzi scheme in crypto. We all know there are a lot of ponzi schemes right now, and I'm not sure what the status is after they run the money.I don't think the police or the authorities caught any of these people, but now that I've read this, I think it's really good news.
I don't know why the British police didn't mention the name of the woman they arrested or the cryptocurrencies they seized, they should have explained this information more accurately!!!
Maybe they have reason why they still holding the details inside the arrest , maybe there are follow up investigation and they don't want those other participants to be alerted and flew out of the country while in Hunt , remember that this cost millions of dolalrs so there is no impossible for them to do.Quote
In any case, I think that they will fill the world with noise because of cryptocurrencies because the first charge they are trying to attach to cryptocurrencies is money laundering, so this case will be a very good opportunity for them.
And i believe that is what they are imposing to happen .Quote
Money laundering is a crime punishable by law in all countries and it existed before the existence of cryptocurrencies and of course it became easier after the existence of cryptocurrencies, but criminals should be punished instead of blaming cryptocurrencies because criminals do not refrain from using any means to launder their dirty money. Also, these governments should be blamed for their failure to regulate cryptocurrencies, which leads to the further spread of such cases.
I have not read anything about Them Blaming crypto ? if there are someone to be blamed here ? those are the Stupid investors that still believes in Sugar coated lips of these scammers. 
I don't know why the British police didn't mention the name of the woman they arrested or the cryptocurrencies they seized, they should have explained this information more accurately!!! In any case, I think that they will fill the world with noise because of cryptocurrencies because the first charge they are trying to attach to cryptocurrencies is money laundering, so this case will be a very good opportunity for them.
Money laundering is a crime punishable by law in all countries and it existed before the existence of cryptocurrencies and of course it became easier after the existence of cryptocurrencies, but criminals should be punished instead of blaming cryptocurrencies because criminals do not refrain from using any means to launder their dirty money. Also, these governments should be blamed for their failure to regulate cryptocurrencies, which leads to the further spread of such cases.
Money laundering is a crime punishable by law in all countries and it existed before the existence of cryptocurrencies and of course it became easier after the existence of cryptocurrencies, but criminals should be punished instead of blaming cryptocurrencies because criminals do not refrain from using any means to launder their dirty money. Also, these governments should be blamed for their failure to regulate cryptocurrencies, which leads to the further spread of such cases.
Great news for cryptocurrency. As young as it is, cryptocurrency is already populated with all kinds of scammers and scam projects. It needs thorough cleansing. These scams are destroying the name of crypto and even of Bitcoin. A lot of people equate Bitcoin with crypto.
Anyway, I'm not sure if this One Coin ponzi which Ruscha Ignatowa is operating is the same One Coin which has become somehow popular in my country. If it is, I hope they will stumble upon this news and be enlightened that what they are getting into is false hope.
Anyway, I'm not sure if this One Coin ponzi which Ruscha Ignatowa is operating is the same One Coin which has become somehow popular in my country. If it is, I hope they will stumble upon this news and be enlightened that what they are getting into is false hope.
I would argue that it was already great news for cryptocurrency that it is presently being used for all types of criminality. Also, it is very hypocritical to say the cryptospace needs thorough cleansing. These coins are not holy objects. They are only software tools for everyone including criminals. What needs thorough cleansing is the whole world if you want thorough cleansing.
We had heard a lot of criminals getting caught upon using cryptocurrency and running Ponzi schemes, it might they think that using cryptocurrency is fully anonymous but in fact, you can't. Probably this is also related to Bitcoin since she was running her own coin and investors night invest using their Bitcoin.
That's a huge amount that has been confiscated, I hope those who had been victims will return the money to them because that's their money. For sure there are more unrevealed amounts because the investigation is ongoing. But my question is why the British authorities didn't disclose what cryptocurrency it is.
That's a huge amount that has been confiscated, I hope those who had been victims will return the money to them because that's their money. For sure there are more unrevealed amounts because the investigation is ongoing. But my question is why the British authorities didn't disclose what cryptocurrency it is.
and it looks like they are going to continue seizing particularly the ones who did some scams. MacAfee, holt (that German Satoshi), and Ruscha Ignatowa the one coin fraudster. if we see an unknown name who are connected to ICO scam back in 2017, i'd really be amazed how they tracked them.
Great news for cryptocurrency. As young as it is, cryptocurrency is already populated with all kinds of scammers and scam projects. It needs thorough cleansing. These scams are destroying the name of crypto and even of Bitcoin. A lot of people equate Bitcoin with crypto.
Anyway, I'm not sure if this One Coin ponzi which Ruscha Ignatowa is operating is the same One Coin which has become somehow popular in my country. If it is, I hope they will stumble upon this news and be enlightened that what they are getting into is false hope.
Anyway, I'm not sure if this One Coin ponzi which Ruscha Ignatowa is operating is the same One Coin which has become somehow popular in my country. If it is, I hope they will stumble upon this news and be enlightened that what they are getting into is false hope.
Ponzi-tipped investment crimes have been around for a long time. This practice even uses various platforms and various new methods that will ultimately deceive their investors. cryptocurreny is the platform they use because cryptocurrencies in some countries do not have strict legal protection, unclear regulations make Ponzi investment growing rapidly. money laundering often occurs, but transactions carried out in crypto that are recorded on the blockchain will still be detected and will lead to perpetrators. The harshest punishment is appropriate for ponzi perpetrators, because it is very detrimental to many people.
The police claimed they seized cryptocurrency, however, the article does not say how and what they seized. I am skeptical. They might not have seized anything and if they seized something, what kind of cryptocoins? It might be a wallet full of Binance smartchain tokens hehehe.
British police seize record $408 million haul of cryptocurrency
It's big news a 39 year old woman was arrested in connection with money laundering in excess of £114 million cryptocurrency. The same woman's being questioned by British police after more than £180 million of cryptocurrency was discovered later. They've linked over £294 million of cryptocurrency directly to her, that's $408 million. Maybe they'll find more.
The first name in my head was Ruscha Ignatowa she's a Bulgarian fraudster. She was a founder of the One Coin ponzi but wiki shows her age at 41 not 39. She's been sentenced by US authorities for wire fraud, securities fraud and money laundering.
I also thought of the same person because it was mentioned in other thread early yesterday but since the government did not named Her then this might be an interesting story to follow.It's big news a 39 year old woman was arrested in connection with money laundering in excess of £114 million cryptocurrency. The same woman's being questioned by British police after more than £180 million of cryptocurrency was discovered later. They've linked over £294 million of cryptocurrency directly to her, that's $408 million. Maybe they'll find more.
The first name in my head was Ruscha Ignatowa she's a Bulgarian fraudster. She was a founder of the One Coin ponzi but wiki shows her age at 41 not 39. She's been sentenced by US authorities for wire fraud, securities fraud and money laundering.
Quote
British police didn't name the woman they'd arrested or name the cryptocurrencies they seized but if it's her it's certain she'll get extradited to the US where she'll face up to 90 years jail for the ponzi.
They will surely name this person once everything was already point out they don't wanna ruin the continues investigation for this. 
Well if she got the bitcoin via fraud then she deserves to rot in jail. That’s a large bitcoin stash which clearly has been gotten via illegal means. I hope that somehow some of the victims can be reimbursed.
Sadly, that rarely happens when money is confiscated from criminal frauds. Most likely, the money will go to some kind of archives and be subject to further investigation, and later it will be used for law-enforcement needs. Though it would be fair to give money back to victims as I said, this rarely happens, and in this particular case, it will be even more complicated due to the fact that cryptocurrencies are involved, the legal status of which is still questioned in a number of places. Plus tracking down the victims and confirming that the money actually belonged to them would be complex as well.
We had heard a lot of criminals getting caught upon using cryptocurrency and running Ponzi schemes, it might they think that using cryptocurrency is fully anonymous but in fact, you can't. Probably this is also related to Bitcoin since she was running her own coin and investors night invest using their Bitcoin.
That's a huge amount that has been confiscated, I hope those who had been victims will return the money to them because that's their money. For sure there are more unrevealed amounts because the investigation is ongoing. But my question is why the British authorities didn't disclose what cryptocurrency it is.
That's a huge amount that has been confiscated, I hope those who had been victims will return the money to them because that's their money. For sure there are more unrevealed amounts because the investigation is ongoing. But my question is why the British authorities didn't disclose what cryptocurrency it is.
Perhaps there’s more accomplices in this fraud since that’s a lot of money and effort to be able to accrue such an enormous amount. It’s good that she was nabbed even before she’s able to do more damage in the ecosystem. Even if she was able to hide millions somewhere, if the prison sentence is extremely lengthy, it wouldn’t matter since she can never use it.
British police should search for her accomplices to stop this fraud and ponzi from expanding even further. It’s highly improbable that it’s just a one-man crew with that huge amount.
British police should search for her accomplices to stop this fraud and ponzi from expanding even further. It’s highly improbable that it’s just a one-man crew with that huge amount.
Jump to: