Alwaght | News & Analysis Website

Editor's Choice

News

Most Viewed

Day Week Month

In Focus

Ansarullah

Ansarullah

A Zaidi Shiite movement operating in Yemen. It seeks to establish a democratic government in Yemen.
Shiite

Shiite

represents the second largest denomination of Islam. Shiites believe Ali (peace be upon him) to be prophet"s successor in the Caliphate.
Resistance

Resistance

Axis of Resistances refers to countries and movements with common political goal, i.e., resisting against Zionist regime, America and other western powers. Iran, Syria, Hezbollah in Lebanon, and Hamas in Palestine are considered as the Axis of Resistance.
Persian Gulf Cooperation Council

Persian Gulf Cooperation Council

A regional political u n i o n consisting of Arab states of the Persian Gulf, except for Iraq.
Taliban

Taliban

Taliban is a Sunni fundamentalist movement in Afghanistan. It was founded by Mohammed Omar in 1994.
  Wahhabism & Extremism

Wahhabism & Extremism

Wahhabism is an extremist pseudo-Sunni movement, which labels non-Wahhabi Muslims as apostates thus paving the way for their bloodshed.
Kurds

Kurds

Kurds are an ethnic group in the Middle East, mostly inhabiting a region, which spans adjacent parts of Iran, Iraq, Syria, and Turkey. They are an Iranian people and speak the Kurdish languages, which form a subgroup of the Northwestern Iranian branch of Iranian languages.
NATO

NATO

The North Atlantic Treaty Organization is an intergovernmental military alliance based on the North Atlantic Treaty which was signed on 4 April 1949.
Islamic Awakening

Islamic Awakening

Refers to a revival of the Islam throughout the world, that began in 1979 by Iranian Revolution that established an Islamic republic.
Al-Qaeda

Al-Qaeda

A militant Sunni organization founded by Osama bin Laden at some point between 1988 and 1989
New node

New node

Map of  Latest Battlefield Developments in Syria and Iraq on
alwaght.net
News

Emirati Royal Lost 50 Millions of Dollars in ‘Cryptoqueen’ Scam: Report

Tuesday 5 July 2022
Emirati Royal Lost 50 Millions of Dollars in ‘Cryptoqueen’ Scam: Report

An Emirati royal may have lost millions of US dollars worth of bitcoin in an alleged cryptocurrency scam run by Bulgarian-German convicted fraudster Ruja Ignatova, who has been put on the FBI’s top 10 most wanted list.

Sheikh Saoud bin Faisal al-Qassimi, a member of the royal family ruling the UAE’s Sharjah, got involved in a 2015 deal with Ignatova, who is best known as the founder of a Ponzi scheme known as OneCoin, BBC television news network reported, citing leaked documents from Dubai’s courts.

According to the leaks, Sheikh Saoud, the son of a wealthy business tycoon, handed Ignatova, also known as the “cryptoqueen”, four USB memory sticks that contained 230,000 bitcoin tokens, worth around €48.5 million ($50.5 million) at the time.

In return, she wrote three cheques to Qassimi from the Dubai-based Mashreq Bank, worth roughly €50 million ($52 million), but they were unable to be cashed as Ignatova’s accounts were being closed due to money-laundering concerns. 

Jamie Bartlett, a British journalist who spent the last four years trying to locate the infamous cryptoqueen, wrote in the British newspaper the Daily Mail that Qassimi’s bitcoin deal with Ignatova was in exchange for owning one of her companies.

In 2020, Dubai authorities unfroze Ignatova’s funds, despite the fact that more than a year earlier the US Department of Justice had published an indictment for her, labeling OneCoin a “fraudulent cryptocurrency.”

According to Dubai Court of Appeal records, Sheikh Saoud sought in April to get the cheques’ money paid to him from Ignatova’s funds in Mashreq Bank. But as the 42-year-old remains missing, it is unclear if he will ever see his money.

On Thursday, the FBI put Ignatova on the “Ten Most Wanted Fugitives List” for “allegedly leading a fraud scheme that affected millions of investors worldwide.”

Additionally, the FBI has announced a $100,000 reward for information leading to her arrest.

Ignatova, who the FBI says may have had plastic surgery to alter her appearance, disappeared in 2017 after tricking and scamming investors from around the world.

Source: Media

 

Tags :

Ruja Ignatova Cryptoqueen Draud UAE Sheikh Saoud bin Faisal al-Qassimi

Comments
Name :
Email :
* Text :
Send

Gallery

Photo

Film

Indian Police Attack Muharram Mourners In Kashmir

Indian Police Attack Muharram Mourners In Kashmir