The Federal Bureau of Investigation (FBI) in the US has offered a reward of up to $100,000 for information leading to the arrest of 'Crypto Queen' Ruja Ignatova.
The FBI, which added her to its 'Ten Most Wanted Fugitives' list, said that Ignatova is being sought for her alleged leadership of a massive fraud scheme that affected millions of investors worldwide.
In 2014, Ignatova and her partner founded OneCoin, a Bulgarian-based company that was marketed as a new virtual currency that would be the "Bitcoin killer".
Ignatova allegedly made false statements and representations about OneCoin to draw people to invest in OneCoin packages.
According to investigators, Ignatova and her partner also promoted OneCoin through a multi-level marketing strategy that urged OneCoin investors to sell additional packages to friends and family, the FBI said in a statement.
"OneCoin claimed to have a private blockchain. This is in contrast to other virtual currencies, which have a decentralised and...
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