Cryptoqueen’s Brother Gets Time Served for Leading OneCoin Scam

  • Ruja Ignatova’s brother had already spent 34 months in jail
  • US said he was ‘de facto leader’ of fraud after Ruja vanished
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The brother of fugitive “Cryptoqueen” Ruja Ignatova will spend no more time behind bars after pleading guilty to helping run the OneCoin cryptocurrency fraud after his sister disappeared in 2017.

Konstantin Ignatov was sentenced to the 34 months he had already spent in jail on Tuesday by US District Judge Edgardo Ramos in Manhattan. Ruja Ignatova, the face of the $4 billion international scheme based on a phony cryptocurrency, had hired her brother away from a job as a forklift driver in Germany to work as her personal assistant.