*A NEXT BIG IDEA CLUB MUST-READ BOOK FOR AUGUST 2023*
“[An] exhilarating mix of memoir and true crime. . .” Publishers Weekly (starred review)
The astonishing true story of the coal miners daughter who took on the creators of the worlds biggest financial fraud and helped the FBI to convict them
The OneCoin global cryptocurrency fraud stole tens of billions of dollars from ordinary people around the world. Unlike Madoff or Enron, who relieved the worlds wealthiest investors of their cash, the exploiting genius of the OneCoin scam was targeting the poorest people in the world, the unbankedthose who struggled to live or get mainstream banking support. The arrogant assumption was that the downtrodden wouldn’t have the means or will to fight back. They didnt reckon on Jen McAdama teenage mother, young grandmother, and modern-day Erin Brockovich.
Jens father left her 15,000 when he died: his savings from living a careful life in a small Scottish mining town. Jen wanted a safe investment for this money to fund a better life for her family. She was digitally savvy, and she had heard of people making fortunes with Bitcoin. When she saw the promotional material for OneCointhe founder Dr. Ruja Ignatova featured in major reputable media outlets; videos of celebrity events; gushing video testimonials of people, just like Jen, who had changed their livesshe was entranced.
Only months later, she realized she would never see her money again.
Jen was one of the only victims worldwide to fight back. Despite terrifying attempts to shut down both her and her growing support groups, she fought tirelessly for justice for herself, her family and friends, and the millions around the world who lost everything, in some cases even their lives. This is a true David-and-Goliath story to give us all a message of hope about the power we as individuals can have, even when things seem hopeless.
**Delve into the heart of a global financial scandal with *Devil's Coin: My Battle to Take Down the Notorious OneCoin Cryptoqueen* by Jennifer McAdam.** This gripping true crime narrative, lauded as a "Next Big Idea Club Must-Read Book for August 2023," unfolds the David-and-Goliath story of one woman's relentless pursuit of justice against the masterminds behind the OneCoin cryptocurrency fraud. Jennifer McAdam, a coal miner's daughter from a small Scottish town, transforms into an unlikely financial crusader in this exhilarating memoir. After inheriting 15,000 from her father, Jen, seeking a secure investment for her family's future, is drawn to the alluring promises of OneCoin. The cryptocurrency, spearheaded by the enigmatic Dr. Ruja Ignatova, presented itself as a revolutionary financial opportunity, boasting celebrity endorsements, sophisticated marketing, and compelling testimonials from ordinary individuals who claimed to have transformed their lives. However, Jen's hopes quickly crumble as she discovers the devastating truth: OneCoin is nothing more than a sophisticated Ponzi scheme designed to exploit the world's most vulnerable populations the "unbanked" and those struggling to access mainstream financial services. Unlike traditional scams that target wealthy investors, OneCoin preyed on those who could least afford to lose, leaving a trail of shattered dreams and financial ruin across the globe. Fueled by a burning sense of injustice and the devastating loss of her father's savings, Jen embarks on a perilous journey to expose the OneCoin fraud. Facing relentless intimidation and threats aimed at silencing her, she refuses to back down. She forms support groups, connecting with fellow victims worldwide, and tirelessly gathers evidence to bring the perpetrators to justice. McAdam's resilience and determination become a beacon of hope for millions who have been defrauded by OneCoin. Her unwavering commitment to truth and justice eventually catches the attention of the FBI, leading to a collaborative effort to unravel the intricate web of lies and deceit spun by Dr. Ruja Ignatova and her associates. *Devil's Coin* is more than just a true crime thriller; it's a testament to the power of individual action and the unwavering spirit of those who refuse to be silenced. It's a chilling expos of the dark side of the cryptocurrency world and a cautionary tale about the dangers of unchecked greed and deception. This is the story of Jen McAdam, a modern-day Erin Brockovich, who risked everything to fight for justice and expose the Notorious OneCoin Cryptoqueen. The book has received praise for its compelling narrative and McAdam's bravery. Readers are calling it a must-read for anyone interested in cryptocurrency, fraud, and the power of ordinary people to make a difference. Published by William Morrow, this 256-page hardcover edition is a vital read for anyone seeking to understand the complexities of cryptocurrency scams and the importance of holding perpetrators accountable. Learn more about the OneCoin scandal and Jennifer McAdam's fight for justice.