Lawyer Urges Bulgaria to Reopen Onecoin Case and Seize Assets
The Onecoin scam is back in the news after a lawyer representing Onecoin victims has passionately called upon Bulgarian authorities to reopen the investigation into the notorious crypto pyramid scheme. He aims to seek justice for the victims and is determined to compel the officials in Sofia to take action against those involved in the fraud and seize assets linked to the scam. The recent murder of a Bulgarian crime figure in South Africa adds a compelling twist to the unfolding saga.
Levy Presses for Action in the Multi-Billion Dollar Crypto Scam
Dr Jonathan Levy, a renowned legal representative advocating for those affected by Onecoin across multiple countries, has now filed a fresh request urging Bulgaria's acting top prosecutor to breathe new life into the investigation. Levy's primary objective is to ensure the recovery of assets associated with the multi-billion dollar crypto Ponzi scheme, enabling restitution for the victims who have suffered financial losses.
Levy presses for action in an impassioned letter addressed to the Bulgarian Ministry of Justice, shedding light on recent events that he believes are intricately linked to the case. Notably, the lawyer highlights the murder of Krasimir Kamenov, a prominent Bulgarian organized crime figure, which occurred in South Africa. This unfortunate incident is linked to Ivan Geshev, the former chief public prosecutor of Bulgaria, who was recently relieved of his duties. Moreover, the elusive founder of Onecoin, Ruja Ignatova, also becomes a crucial part of this intricate web of connections.
Geshev's removal from office, coupled with the appointment of Borislav Sarafov as the Acting Prosecutor General, has breathed new hope into the pursuit of justice. Back in December 2021, Levy had already filed a petition with the Bulgarian Constitutional Ombudsman, accusing Geshev of protecting Onecoin's operations that allegedly persisted through affiliated entities in Bulgaria.
The UK lawyer now insists on the immediate shutdown of Onecoin and the apprehension of those responsible, accompanied by the seizure of their assets. In a compelling show of support for his latest plea, Levy presents a sworn declaration from Duncan Arthur, Onecoin's former Compliance Officer, emphasizing the scam's reach in Africa.
The murder of Kamenov in Cape Town, which tragically claimed the lives of his wife and two others, is a shocking revelation. Kamenov had been implicated in the murder of a high-ranking police official in Sofia and allegedly connected to the disappearance of Ruja Ignatova, who was believed to possess a staggering 230,000 BTC.
New Evidence Emerges, Connecting Murder and the Elusive Onecoin Founder
Meanwhile, the whereabouts and fate of the enigmatic Cryptoqueen, Ruja Ignatova, remain unknown. In a groundbreaking article published by the Bulgarian website Bureau for Investigative Reporting and Data (Bird.bg), it was claimed that the "missing Cryptoqueen" met her demise in Greece in November 2018, approximately a year after her departure to Athens. This conclusion is purportedly based on evidence obtained during the investigation into the murder of a former head of a criminal police department in Bulgaria.
According to the information obtained, both Ignatova and the ex-police department head may have fallen victim to a crime group associated with Kamenov. However, Jonathan Levy has raised suspicions and called for an investigation into the possibility that Ignatova's death may have been staged by the criminal organization. "Geshev then belatedly sought Kamenov’s arrest but not before Geshev claimed he had narrowly escaped a bomb plot,” Levy noted.
Levy concludes his letter to the Bulgarian Justice Ministry by fervently urging the Acting Chief Prosecutor to review the newly presented evidence, along with their previous requests, and take immediate action against the Onecoin organized crime gang in Bulgaria.
“I am requesting the Acting Chief Prosecutor review this new material and our previous requests and take action now against the Onecoin organized crime gang in Bulgaria and the former Chief Prosecutor Geshev who we accuse of deliberate nonfeasance. And in particular, seize the assets of the OneCoin gang for the benefit and restitution of victims,” Levy has pleaded with the Bulgarian Justice Ministry.
Onecoin, originally launched in 2014 as a multi-level marketing (MLM) network based on a fictitious cryptocurrency, is believed to have defrauded over 3 million investors worldwide, with losses exceeding USD 4 billion. The mastermind behind this elaborate scheme, Ruja Ignatova, a Bulgarian-born German national, disappeared after her last sighting at the Athens airport on October 25, 2017. She remains a wanted fugitive pursued by Interpol, Europol, and the US Federal Bureau of Investigation (FBI).
Furthermore, the South Africa-based Daily Maverick newspaper suggests that Kamenov may have possessed crucial information about Ignatova's whereabouts. The publication further reveals that Ignatova's brother and co-founder of Onecoin, Konstantin, shared Instagram photos indicating his visit to Cape Town around 2018. Konstantin himself was arrested in Los Angeles the following year and pleaded guilty to charges related to Onecoin while seeking witness protection in the United States. Sebastian Greenwood, a business partner of Ruja Ignatova hailing from the United Kingdom and Sweden, also pleaded guilty to Onecoin-related charges in December 2022.
As the intricate web surrounding the Onecoin case continues to unravel, the question remains: Will the investigators succeed in unearthing the truth behind this massive fraud?
Please share your opinion in the comments section below, as we collectively hope for justice to be served and restitution provided to the victims who have suffered immeasurable financial losses.
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