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.