The High Court ruled on August 7, issuing a global freeze order against Ruja Ignatova, popularly known as the "Queen of Crypto," and several of her alleged associates involved in the OneCoin scheme. More than 400 victims of the OneCoin crash have joined forces to petition the court to freeze the assets of Ignatova, OneCoin co-founders Sebastian Greenwood, Christopher Hamilton, and Robert MacDonald, who are suspected of helping OneCoin launder money, as well as the assets of four influencers who promoted OneCoin to the public. In addition, Ignatova's business entities suspected of being used to launder money and purchase OneCoin assets were also subject to a global asset freeze. It is reported that Ruja Ignatova defrauded investors through a $4 billion Ponzi scheme from the inception of Onecoin in 2014 until the collapse of the fraud project and Ignatova's disappearance in 2017. The crypto queen was last seen in Athens, Greece in 2017 and has not been seen since, prompting the FBI to place her on the list of the top ten most wanted criminals.