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Ruja Ignatova, known as “crypto queenbecame the second most wanted man in the US after FBI accused her of creating a financial pyramid with cryptocurrencies.
In accordance with Washington Posta Bulgarian ran a ponzi scheme under a coin called OneCoinwith which he stole nearly $4 billion.
A business
According to the report FBI”crypto queen” operated a pyramid scheme, which was to attract people who, in turn, attracted more referrals to generate income. Typically, this system only benefits its leaders while you are looking for suckers to keep collecting easy money.
The supposed benefit offered by the Bulgarian was that OneCoina cryptocurrency based on the blockchain, which, in short, did not exist. This organization was created in 2014 and claimed to have millions of investors around the world.
According to the FBI, “she took advantage of the industry’s frenzied speculation cryptocurrencies”. As she traveled the world, filling the venues for promotion OneCoinopening exchange to exchange coins for real money, which caused concern among his investors. In 2019, she disappeared with all the money.
Search
The government body added Ruja Ignatova’s name to its top 10 most wanted list on Thursday and said she was likely traveling with armed guards.
They offer up to $100,000 in cash for information leading to his arrest. It has been speculated that she is protected by powerful people in her native Bulgaria and that she leads an almost normal life due to several plastic surgeries that have rendered her unrecognizable.
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Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.