ET Year-end Special Reads
What has happened to cryptoqueen Ignatova?
There came a major development in June last year when the FBI increased the bounty on her head from $250,000 to a whopping $5 million, so that they readily got any information from any interested party about her whereabouts. Some reports suggest that Ruja may be in hiding with the due assistance of various crime groups and families hat may be giving her protection in exchange for money or the likes of it.
Many felt that a million dollar bounty would just motivate someone to give her up for the right kind of money and itis also a sign that the FBI is refocusing on locating Ignatova and bring her to justice for defrauding billions off of investors.
FAQ
Who is Ruja Ignatova?
Ruja Ignatova is a Bulgarian-born German entrepreneur who is the founder of OneCoin Ltd., a Bulgaria-based company that marketed a purported cryptocurrency, that ended up defrauding investors.
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Is Ruja Ignatova dead?
Ignatova is currently a fugitive from justice. She is wanted by the FBI for her alleged participation in a large-scale fraud scheme. Her detail and whereabouts are still unknown.
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