Cryptoqueen’s Ex-BF Jailed for Laundering $300m from Onecoin Ponzi Scheme

• Gilbert Armenta, Ruja Ignatova’s ex-boyfriend, has been sentenced to five years in prison for money laundering linked to Onecoin.
• Founded in 2014, Onecoin was a global multi-level-marketing network that defrauded investors of over $4 billion.
• Ruja Ignatova co-founded the Ponzi scheme and is still at large, wanted by Interpol and the U.S. Federal Bureau of Investigation (FBI).

Former Boyfriend Sentenced for Money Laundering

Gilbert Armenta, the ex-boyfriend of crypto pyramid Onecoin’s founder Ruja Ignatova, has been sentenced in the United States, Bloomberg Law reported. According to court documents, he helped launder $300 million of proceeds from one of the largest Ponzi schemes in crypto history. In 2018, Armenta, now 59, pleaded guilty to conspiring to commit wire fraud, money laundering and extortion all in connection with Onecoin and received a five year prison sentence.

OneCoin Fraud Scheme

Founded in 2014, Onecoin operated as a global multi-level-marketing network based on a cryptocurrency that never existed despite being advertised as the ‚Bitcoin killer.‘ It was estimated that more than 3 million people had invested over $4 billion into this fraudulent scheme since 2016.

Ruja Ignatova Wanted By Interpol

Bulgarian-born German national Ruja Ignatova disappeared in October 2017 when she boarded a Ryanair flight from Sofia bound for Athens and is still at large today wanted by Interpol, Europol and the U.S. Federal Bureau of Investigation (FBI). Her brother Konstantin who was detained in Los Angeles in 2019 pleaded guilty to charges related to Onecoin and sought witness protection in the U.S., while another co-founder Karl Sebastian Greenwood also plead guilty last December 2022 for his part in the scam.

Recent Sightings Of Cryptoqueen

Information regarding Ruja Ignatova’s whereabouts have periodically surfaced over recent media reports including attempts by Greek police to locate her after intelligence suggested she was holding meetings with unidentified persons there last July along with British media uncovering an $15 million apartment bought through a company based on Guernsey island which was offered for sale this past January 2021..


Despite attempts by authorities worldwide to bring her down justice has yet failed as Cryptoqueen remains at large as her massive Ponzi scheme continues to unfold before our eyes across many countries around world costing billions of dollars worth damages done onto its unsuspecting victims..