Queen of Crypto (2023) Poster

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Crypto
BandSAboutMovies31 December 2023
Warning: Spoilers
Ruja Plamenova Ignatova is the founder of a fraudulent cryptocurrency scheme known as OneCoin, which was called "one of the biggest scams in history." Since 2017, she has been hiding from various international law enforcement agencies and has been charged by U. S. authorities for wire fraud, securities fraud and money laundering. She was added to the FBI Ten Most Wanted List in 2022.

This documentary shows how she was part of several multi-level marketing cons before getting into OneCoin. She built a $4 billion dollar Bitcoin empire that was all based on lies. When the law closed in, she went on the run. There was a report that she was murdered on the orders drug lord Hristoforos Amanatidis but the FBI is still investigating and believes that she is alive.

What is bitcoin? It's a virtual currency designed to be a form of payment outside the control of any one person, group or entity. This takes away any need for third-party involvement in financial transactions. It's part of a blockchain and the network required to power it. So what's a blockchain? It's a ledger or database that stores transactions, secured by encryption. When a transaction happens, information from the previous block is copied to a new block with the new data. This is encrypted and the transaction is verified by miners in the network. A new block is opened, a Bitcoin is created and it is given as a reward to the miners who can use, hold or sell the Bitcoin.

Even writing it, it doesn't make any sense to me.
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