Who is the “Queen of Crypto” wanted by the FBI
Ruja Ignatova, also known as “missing Cryptoqueen”, has been included by the FBI in the list of the ten most wanted criminals. Here because
The FBI, the United States Federal Police, has put Ruja Ignatova on its list of the ten most wanted fugitive criminals.
"MISSING CRYPTOQUEEN"
The woman, of Bulgarian nationality, is about forty years old and is known by the nickname of Missing Cryptoqueen : the dispersed queen of cryptocurrencies. She is wanted for her alleged involvement in a large cryptocurrency scam known as "OneCoin".
The FBI accuses Ignatova of using a deceptive scheme to defraud his victims for over $ 4 billion. She has been a fugitive since 2017, the year in which the American authorities issued an arrest warrant against her.
THE ONECOIN SCAM
In 2014 – explains BBC – OneCoin, an alleged cryptocurrency, started offering commissions to its buyers whenever they resold the coin to other people. However, FBI agents found that OneCoin was of no value and was not even "hooked" to blockchain technology, used by other crypto-based digital currencies.
Basically, OneCoin was not really a cryptocurrency but a "Ponzi scheme", that is, a pyramid scheme that is based on the recruitment of an increasing number of participants in the economic initiative (a scam, actually), which go to widen the " base ”of the imaginary pyramid by investing sums of money. However, only those who are at the "top" of the scheme, who collect a large part of the sums of the latest arrivals, bring in profit.
Ignatova rode the boom in cryptocurrencies and strong speculation in that market to develop a Ponzi scheme "disguised" as a digital currency.
WHAT WE KNOW ABOUT RUJA IGNATOVA
The FBI offers a reward of 100 thousand to anyone who provides useful information for the capture of the woman.
Ignatova is estimated to have lost track of him with capital in his possession of at least $ 500 million. She probably altered her appearance and got herself some well-made fake documents.
The last time she was spotted, in 2017, she was boarding a plane from Bulgaria to Greece.
She is the only woman on the FBI's Top Ten Most Wanted Fugitives list.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/ruja-ignatova-fbi/ on Sat, 02 Jul 2022 08:35:34 +0000.