Ruja Ignatova, a Bulgarian woman dubbed the “crypto queen”, has been added to the FBI’s list of the 10 most wanted fugitives after allegedly defrauding billions of investors. The Bureau says Ignatova, 42, is leading a massive fraud scheme that has affected millions of investors around the world. Ruja Ignatova, also known as “Cryptoqueen”. (FBI / Fox News) Ignatova and her partner founded OneCoin in Bulgaria around 2014, according to the FBI. The company has launched a new cryptocurrency that would be the “killer of Bitcoin”. The FBI says Ignatova made many false statements and allegations about OneCoin to entice investors, who were then encouraged to sell additional packages through a multi-tier marketing strategy. The FBI says Ignatova used many of the cryptocurrency community buzzwords to create excitement for OneCoin, despite not being traditionally mined like bitcoin or other big cryptocurrencies. The value of OneCoin was also determined by the company and not by the market. NEW YORK BITCOIN MINING PROHIBITION “SENDS” CRYPTO INVESTMENTS: CEO Specialist Ronald Shimko said OneCoin claimed to have a private blockchain, which is the underlying technology that makes cryptocurrencies work. In contrast, other virtual currencies have a blockchain that is decentralized and public. Shimko estimated that Ignatova targeted people who did not fully understand how cryptocurrencies work and that she deceived billions of victims around the world. Damian Williams, Manhattan’s top federal prosecutor, speaks at a news conference to announce the addition of “Cryptoqueen” Ruja Ignatova to the FBI’s Most Wanted Fugitive List in New York, USA, June 30, 2022. (REUTERS / / Reuters Photos) “There are so many victims around the world who have been financially devastated by this,” Simcoe told an FBI press release. “We want to bring her to justice.” Federal prosecutors indicted Ignatova on October 12, 2017, and an arrest warrant was issued. Investigators believe he may have been informed that he was under investigation. He has not appeared since he traveled from Sofia, Bulgaria to Athens, Greece, on October 25, 2017. A replacement indictment was issued on February 6, 2018, accusing Ignatova of one count of conspiracy to commit electronic fraud, electronic fraud, conspiracy to launder money, conspiracy to commit title fraud and title fraud. CLICK HERE TO RECEIVE THE FOX BUSINESS APPLICATION The FBI is offering a reward of up to $ 100,000 for information leading to her arrest.
