Author of OneCoin pyramid book threatened with violence

The victim of the OneCoin crypto-scam, Jennifer McAdam, spoke of anonymous death threats over her book “Devil’s Coin.” The Times reports.

The fraudulent scheme, founded by Bulgarian national Ruja Ignatova together with Sebastian Greenwood, operated from 2014 to 2016. The OneCoin project was pitched as a high-yield cryptocurrency, with investors earning profits not only from the asset’s growth but also from recruiting new participants.

“Devil’s Coin” tells how McAdam fell for the scammers’ ploys and subsequently fought back.

“An astonishing true story of the daughter of a miner who took on the creators of the world’s largest financial scam and helped the FBI convict them,” the synopsis says.

The author said she personally lost about £9,000 due to the scheme and convinced close relatives to invest about £220,000 in OneCoin.

She was due to hold an autograph session and presentation of her book in Ireland but, amid threats, canceled the event.

In November 2019, a U.S. district court in the Southern District of New York found OneCoin lawyer Mark Scott guilty of laundering nearly $400 million.

In spring 2019, Konstantin Ignatov, the brother of the pyramid’s founder, was detained at Los Angeles International Airport. He subsequently pleaded guilty to several counts.

In February 2023, journalists reported on the murder of Ignatova, who was on Europol‘s and the FBI‘s most-wanted lists.

The U.S. Department of Justice later charged former head of OneCoin’s legal and compliance department, Irina Dilkinskaya, with fraud and conspiracy to launder funds. She faces up to 40 years in prison.