The FBI on Thursday additional Ruja Ignatova, who authorities have dubbed the “cryptoqueen,” to their list of most preferred fugitives. Ignatova allegedly took part in a significant-scale fraud plan involving the cryptocurrency OneCoin.
In 2018, law enforcement billed her with just one count just about every of wire fraud, conspiracy to commit wire fraud, conspiracy to dedicate revenue laundering, securities fraud and conspiracy to commit securities fraud, in accordance to an FBI launch.
Ignatova was the founder of OneCoin Ltd, a multilevel internet marketing-operated cryptocurrency enterprise that reportedly created billions of pounds in income from 2014 to 2016. On the other hand, prosecutors mentioned the coin had no true worth. OneCoin allegedly defrauded victims out of extra than $4 billion.
“In buy to execute the plan, Ignatova allegedly produced false statements and representations to folks in buy to solicit investments in OneCoin,” the FBI stated.
The globe of cryptocurrency is no stranger to cons and techniques. While cryptocurrencies like bitcoin and ethereum are effectively founded,schemes and other cons plague the ecosystem. In early June, the FTC reported that crypto cons have more than $1 billion given that the start off of 2021.
Those with suggestions on Ignatova’s whereabouts could get a reward of up to $100,000 for info top to her arrest. To submit data relating to the cryptoqueen, simply call the FBI at 1-800-Get in touch with-FBI or on line at suggestions.fbi.gov.