‘Crypto Queen’ Wanted: FBI Puts $5 Million Price Tag On OneCoin Founder’s Arrest

‘Crypto Queen’ Wanted: FBI Puts $5 Million Price Tag On OneCoin Founder’s Arrest

Summary

The US government offers a $5 million reward for information leading to the arrest of OneCoin founder Ruja Ignatova. Bulgarian and American authorities are jointly investigating the large-scale financial fraud and money laundering scheme. Ignatova faces charges related to the OneCoin financial pyramid scheme, with victims allegedly defrauded of over $4 billion. The company's credibility crumbled as multiple countries denounced it as a pyramid scheme. Ignatova has been a fugitive since 2017 and was added to the FBI's 10 Most Wanted Fugitives list in 2022.