Uploaded March 2026 | Updated September 2026, 2 weeks ago
In 2014, a new cryptocurrency was unveiled: OneCoin. At mass events resembling religious gatherings, charismatic founder, Ruja Ignatova, claimed it was on course to become the world’s biggest digital currency and would change the world. In fact, it was a giant ponzi scheme. There was no blockchain, no pay-out system, nothing but the promise of fantastic rates of return. Ruja and her cronies invented a new, favourable exchange rate every day. And it worked: OneCoin was soon hyped as the cryptocurrency for the poor. A currency that would turn paupers into princes.
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In 2014, a new cryptocurrency was unveiled: OneCoin. At mass events resembling religious gatherings, charismatic founder, Ruja Ignatova, claimed it was on course to become the world’s biggest digital currency and would change the world. In fact, it was a giant ponzi scheme. There was no blockchain, no pay-out system, nothing but the promise of fantastic rates of return. Ruja and her cronies invented a new, favourable exchange rate every day. And it worked: OneCoin was soon hyped as the cryptocurrency for the poor. A currency that would turn paupers into princes.
Instagram - @realstoriesdocs
Any queries, please contact us at: owned-enquiries@littledotstudios.com
