Ruja Ignatova, also called the Crypto Queen, has been added to the FBI’s Most Wanted List and has become the first crypto criminal on it with a reward of up to $100,000 for information leading to her capture.
The FBI's Ten Most Wanted Fugitive list now includes Ruja Ignatova, popularly known as "Cryptoqueen," for allegedly scamming investors worldwide out of billions of dollars.
Ignatova is the first cryptocurrency criminal to be on the FBI's Most Wanted List and the eleventh woman to do so in the list's 72-year history. She operated a pyramid-scheme scam using the Bulgarian cryptocurrency company OneCoin Ltd. It is estimated that the fraud cost its victims more than $4 billion.
In 2014, Ignatova released OneCoin with the bold claim that it would replace Bitcoin. Ignatova is accused of making misleading claims about the company, including that OneCoin had a private blockchain, in order to market the cryptocurrency.
Other virtual currencies, on the other hand, have a de...