“Cryptoqueen” reward increases to R91 million

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Cryptocurrency Scam News

Gilbert Armenta,Karl Sebastian Greenwood,Onecoin

US authorities have increased a reward for information leading to the arrest and conviction of the alleged mastermind behind the OneCoin cryptocurrency fraud to R91 million.

US authorities have increased a reward for information leading to the arrest and conviction of the alleged mastermind behind the massive OneCoin cryptocurrency fraud to $5 million.for any details about the whereabouts of OneCoin co-founder Ruja Ignatova.

Ignatova has remained a fugitive, even after several other participants in the scheme were convicted or pleaded guilty and received lengthy prison sentences. Konstantin Ignatov was a key witness in the case against Mark Scott, a former Locke Lord LLP partner who was found guilty in November 2019 of helping launder $400 million from the fraud and sentenced to 10 years in prison in January.

 

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