The United States Federal Bureau of Investigation (FBI), a component of the United States Department of Justice, has listed Ruja Ignatova as a wanted person. Ms. Ignatova, who refers to herself as the crypto queen, has been designated a wanted person.
According to the FBI’s most-wanted list, Ignatova is among the top 10 most sought fugitives.
In addition, the FBI announced a reward of one hundred million dollars, which is about N41.5 billion, for information leading to her apprehension.
According to a report published by Nairametrics, Ignatova has not been seen since 2017 and is suspected of being involved in a significant Ponzi scam.
According to a report by CNN, she was arrested in 2019 and charged with eight counts, including wire fraud and securities fraud.
The charges allege that she operated OneCoin Limited in Bulgaria as a pyramid scheme, persuading members of the general public to purchase a cryptocurrency that was of no use.
According to the FBI website, the Department of Justice accused her and others of cheating investors worldwide out of billions of dollars via the marketing of OneCoin.
Other individuals were also named in the complaint.
The lady, who is now 42 years old and formerly held the role of CEO of OneCoin until October 2017, when an arrest warrant was issued for her, and she was charged in the United States District Court for the Southern District of New York; she was then dismissed from her post.
Promoters of OneCoin maintained that investors could mine it as a cryptocurrency with a maximum supply of 120 billion units, which was first introduced in 2014.
They promised investors that OneCoin was the cryptocurrency that would come after Bitcoin.
Contrary to Bitcoin, OneCoin did not have a distributed ledger known as a blockchain.
According to CNN, Ignatova vanished in 2017 after she had bugged the residence of her American lover and discovered that he was working with the FBI.
Her disappearance is attributed to her discovery of her boyfriend’s involvement.
She traveled from Bulgaria to Greece, and nobody had seen or heard from her since then.