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Cryptoqueen on the Run: Feds Offer $5 Million Bounty

Want to know what happened to the $4.5 billion Cryptoqueen on the run? Feds offer $5 million to find out!

1 min 6 secJune 29, 2024July 3, 2024
Cryptoqueen on the Run: Feds Offer $5 Million Bounty

The FBI is upping the stakes in their hunt for Ruja Ignatova the infamous "Cryptoqueen" accused of orchestrating a massive $4.5 billion cryptocurrency scam. They've increased the reward for information leading to her arrest to a whopping $5 million. This makes her the only woman on the US State Department's most-wanted list with such a hefty price tag.

 

 

Ignatova is a German citizen of Bulgarian descent. She vanished in 2017 just as US authorities closed in on her OneCoin scheme. This digital currency was allegedly a sham. Investors worldwide lost billions. Recent BBC investigations linked Ignatova to the Bulgarian underworld. This raised questions about her fate. Was she whisked away by mafia connections, or did something more sinister occur?

 

The FBI's dramatic reward increase suggests they're fishing for insider information. A measly $100,000 wouldn't entice someone close to Ignatova to betray her but $5 million might change the game. Investigators hope this hefty sum will tempt confidants or accomplices to come forward. This is especially true if they fear for their own safety.

 

 

This development follows the addition of Ignatova to the FBI's top ten most-wanted list in 2022. The hunt for the Cryptoqueen is intensifying. Authorities are determined to bring her to justice dead or alive.

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