MASTERCARD ACQUIRES CIPHERTRACE

Last updated: June 16, 2025, 16:10  |  Written by: Charlie Shrem

Mastercard Acquires Ciphertrace
Mastercard Acquires Ciphertrace

In

Ruja Ignatova called herself the Cryptoqueen. She told people she had invented a cryptocurrency to rival Bitcoin, and persuaded them to invest billions. Then, two

The Oxford graduate that 'pulled off the scam of the

In 2025, she was convicted of fraud in Germany in connection with her father Plamen Ignatov's acquisition of a company that shortly afterwards was declaredbankruptunder dubious circumstances; she was given asuspended sentenceof 14 months' imprisonment. In 2025, she was involved with amulti-level marketingscam called BigCoin.

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Charlie Shrem can be reached at [email protected].

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