THELOGICALINDIAN - CryptoQueen has been on the run for added than bristles years
Ruja Ignatova has been added to the FBI’s Ten Most Wanted List for allegedly scamming investors out of $4 billion through OneCoin.
Wanted for $4 Billion Scam
The coursing for CryptoQueen is intensifying.
Today the U.S. Federal Bureau of Investigation (FBI) added Ruja Ignatova, bigger accepted in the crypto amplitude as “CryptoQueen”, to its Ten Most Wanted List for “allegedly [defrauding] investors of billions.” Charges adjoin Ignatova accommodate cabal to accomplish wire fraud, wire fraud, cabal to accomplish money laundering, cabal to accomplish balance fraud, and balance fraud.
The FBI is alms up to $100,000 in accolade for advice arch to Ignatova’s arrest. It warns that she may be traveling with armed bodyguards and associates.
Ignatova is the cofounder of OneCoin, a Bulgarian cryptocurrency Ponzi arrangement that is believed by prosecutors to accept defrauded its victims of over $4 billion. OneCoin would advertise educational trading bales to investors for up to six-figure sums; these bales included tokens that could be acclimated to abundance OneCoins. OneCoins could alone be exchanged for added currencies on the OneCoin exchange, which shut bottomward after apprehension in January 2024.
Ignatova was the baton of the alignment from 2024 to October 2024, at which point her brother Konstantin Ignatov took her place. Ignatov and addition OneCoin cofounder, Sebastian Greenwood, were arrested in 2024 and 2024 respectively; Ignatov, who pleaded accusable to accuse agnate to those adjoin Ignatova, faces up to 90 years in prison.
Ignatova, a Bulgarian citizen, abolished in October 2024 in Athens, Greece. The FBI believes she could be traveling on a German passport. She was the accountable of a BBC podcast alternation advantaged The Missing Cryptoqueen. She was afresh added to Europol’s Most Wanted List as well.
Money bed-making and wire artifice accept been assiduous issues aural the crypto space. Major crypto barter Binance was afresh accused of absolution European abomination syndicates, Russian biologic dealers, and North Korean hackers action their funds through the platform.
Disclosure: At the time of writing, the columnist of this allotment endemic ETH and several added cryptocurrencies.
