US Raises Reward for OneCoin Founder Arrest

The U.S. State Department has increased the reward for information leading to the arrest of Ruja Ignatova, known as the 'Crypto Queen,' to $5 million. Ignatova, who co-founded the OneCoin cryptocurrency scheme, disappeared in 2017 after being indicted for orchestrating a $4 billion Ponzi scheme. Her associates, including her brother, have been convicted and sentenced for their roles in the fraud. Speculation about her whereabouts includes theories of plastic surgery and possible connections to organized crime. The FBI added her to its Ten Most Wanted List in 2022, and despite rumors of her death, authorities continue to actively seek her capture.