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Onecoin ‘Crypto Queen’ Ruja Ignatova Listed Among Europe’s Most Wanted – Bitcoin News

Ponzi Scheme

Onecoin ‘Crypto Queen’ Ruja Ignatova Listed Among Europe’s Most Wanted – Bitcoin News

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Ruja Ignatova, mastermind of the notorious pyramid Onecoin, is now one of Europe’s most wanted fugitives. Also known as the “Crypto Queen,” she disappeared almost five years ago, after the Ponzi scheme she led collected billions of dollars from defrauded investors around the world.

Europol Seeks Information on Onecoin Inventor’s Whereabouts

The European Union Agency for Law Enforcement Cooperation, Europol, is now offering a reward of up to €5,000 ($5,200) for any information that could lead to the arrest of Ruja Ignatova, suspected of masterminding one of the largest scams in crypto history, Onecoin.

Onecoin ‘Crypto Queen’ Ruja Ignatova Listed Among Europe’s Most Wanted

The announcement describes Ignatova, a doctor of law, as the “driving force and intellectual inventor of the alleged cryptocurrency Onecoin.” She is suspected of inducing investors all over the world to put money into “this actually worthless ‘currency’,” Europol notes.

The agency also points out that the fraud-related losses to the Ponzi scheme that have been established so far are in the upper double-digit million range, while also acknowledging that the total damage caused on a global scale is likely to amount to several billion U.S. dollars. Europol explains:

The wanted person’s whereabouts have been unknown since 25 October 2017, and she has not appeared in public since this date, neither in connection with OneCoin nor otherwise.

Ignatova has been accused of “fraud, including that affecting the financial interests of the European…

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