The FBI positioned Ruja Ignatova, is idea as the “Cryptoqueen” for defrauding $4 billion from investors in a fraudulent cryptocurrency is idea as OneCoin, on its Ten Most Wanted Fugitives list. Train courtesy FBI
June 30 (UPI) — The FBI on Thursday added “Cryptoqueen” Ruja Ignatova to its Ten Most Wanted Fugitives list.
The company is offering a reward of up to $100,000 for data main to the arrest of Ignatova, 42, who allegedly defrauded extra than $4 billion from investors in a cryptocurrency draw.
Ignatova co-basically based the Bulgarian-basically basically based mostly firm OneCoin, which was promoted as a “bitcoin killer,” although investigators acknowledged they factor in OneCoins weren’t minted within the identical blueprint as other cryptocurrencies with their cost determined by the firm, in decision to market request.
“OneCoin claimed to absorb a non-public blockchain,” FBI Special Agent Ronald Shimko acknowledged. “This is in distinction to other virtual currencies, which absorb a decentralized and public blockchain. On this case, investors had been factual requested to belief OneCoin.”
Thru OneCoin, Ignatova and her accomplice allegedly centered of us that won’t absorb fully understood cryptocurrencies and promoted the forex by a multi-level marketing strategy that told investors to sell extra applications to family and web page visitors.
On Oct. 12, 2017, Ignatova was charged within the U.S. District Court for the Southern District of Recent York and a federal warrant was issued for her arrest.
She traveled from Bulgaria to Greece on Oct. 25, 2017, and has not been viewed since as investigators believed she had been tipped off that she was under investigation by U.S. and international authorities.
Ignatova is the 11th lady to absorb been positioned on the FBI’s Ten Most Wanted Fugitives.
Investigators acknowledged Ignatova speaks English, German and Bulgarian, and can very successfully be touring on a fraudulent passport to Bulgaria, Germany, Russia, Greece and the United Arab Emirates. She has brown eyes and darkish brown to shadowy hair but investigators factor in she may per chance per chance per chance need altered her physical look.
“There are so remarkable of victims all the absolute top blueprint by the realm who had been financially devastated by this,” Shimko acknowledged. “We are looking out for to raise her to justice.”