OneCoin Founder Ruja Ignatova Added to FBI’s Most Wanted List

Ruja Ignatova, the fraudulent ‘CryptoQueen’ as she is known has been placed on the Federal Bureau of Investigation (FBI) list of the ten most wanted criminals. The addition of Ruja was based on her use of her OneCoin crypto company to defraud millions of investors around the globe in a scheme valued at about $4 billion.

While OneCoin was marketed as a Bitcoin-killer when it was founded back in 2014, the project was marketed without a blockchain of its own like other digital currencies. Rather, subscribers were sold educational cryptocurrency trading packages and were tasked with the responsibility of onboarding family and friends in a complicated Ponzi scheme.