The Hunt for the Crypto Queen: US Raises Reward to $5 Million

The Elusive Mastermind

Ruja Ignatova, the enigmatic “Crypto Queen,” remains at large despite the FBI’s increased reward for her capture. Once a charismatic figure in the cryptocurrency world, Ignatova vanished in 2017 after being indicted for fraud.

The OneCoin Scam

OneCoin, the project Ignatova co-founded, lured investors with promises of astronomical returns on a supposed revolutionary cryptocurrency. However, authorities allege it was a massive Ponzi scheme that defrauded billions from victims worldwide.

Closing in on Associates

While Ignatova has evaded capture, her associates have not been as fortunate. Her co-founder, Karl Greenwood, is serving a 20-year sentence. Ignatova’s brother, Konstantin, and OneCoin’s former compliance head, Irina Dilkinska, have also been convicted.

Ignatova’s Disappearance

Ignatova’s escape has sparked speculation. The FBI believes she may have altered her appearance through plastic surgery and may be using a German passport. Some investigators suspect she may have met a violent end due to her alleged connections to organized crime.

The Hunt Intensifies

The $5 million reward reflects the renewed determination of authorities to bring Ignatova to justice. The FBI is urging the public to provide information, promising anonymity if necessary. Social media is also being used to disseminate information about Ignatova and the OneCoin scam.

Beyond the Reward

Ignatova’s capture is not just about the reward. It would bring closure to the victims of the OneCoin scheme and serve as a warning to those who seek to exploit the cryptocurrency market.

The Crypto Queen may remain a fugitive for now, but the tightening net and the record-breaking reward suggest that her days of freedom may be coming to an end.