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Reason
Reason
Andrea O'Sullivan

The Missing Cryptoqueen Details the Rise and Fall of Ruja Ignatova's OneCoin Con

Ruja Ignatova OneCoin Jamie Bartlett Bitcoin Cryptocurrency Elizabeth Holmes ranos WeWork blockchain

The Missing Cryptoqueen: The Billion Dollar Cryptocurrency Con and the Woman Who Got Away with It, by Jamie Bartlett, Hachette Books, 320 pages, $29

Newcomers to bitcoin sometimes dismiss the cryptocurrency as a pyramid or Ponzi scheme. The OneCoin scam shows what it really looks like when a fake blockchain serves as cover for a multilevel marketing fraud that pays early investors with funds from new marks.

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