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[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience
OneCoin’s co-founders, Bulgarian national Ruja Ignatova and joint U.K. and Swedish citizen Karl Greenwood, promoted the fictitious cryptocurrency – which never existed on any blockchain – through a kind of multi-level marketing scheme, paying initial investors to bring in more investors. By the time OneCoin was revealed to be a scam, an estimated 3.5 million people had fallen victim.
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