FBI adds OneCoin founder Ruja Ignatova to list of most-wanted fugitives

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In London’s Wembley Arena, there were stage lights flashing, pyrotechnics bursting and even flames going off to a cacophony of cheering as Alicia Keys’s “Girl on Fire” came on over the speakers. That’s when Ruja Ignatova, dubbed the “Cryptoqueen,” walked onto the stage in a long, sparkly red dress, promising her cryptocurrency, OneCoin, would take over the world and become “the bitcoin killer.”

The audience at the 2016 event went wild. Amid a crypto boom, OneCoin’s status was surging in the United States and across the globe. But the company’s meteoric rise would eventually meet a swift end.

Just one year later, Ignatova disappeared without a trace, and authorities in Europe and the United States have tried to catch her ever since. The FBI on Thursday added Ignatova to its list of Ten Most Wanted Fugitives — a notoriety normally bestowed on suspected cartel leaders, terrorists and killers. Ignatova, meanwhile, is accused of spearheading a pyramid scheme that defrauded investors of over $4 billion, one considered to be among the largest in history.

“Today’s announcement is a pledge to redouble our efforts to capture Ignatova, to seek justice for her victims and to hold her accountable for her crimes,” Damian Williams, the U.S. attorney for the Southern District of New York, said in a Thursday news conference.

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