Matthew Miller, spokesman for the US State Department, has announced a reward of up to $5 million for information leading to the capture of "crypto thief" Ruzha Ignatova.
This is a new development in the ongoing saga of Ignatova, who is behind the massive OneCoin cryptocurrency scam. Yesterday, Sofia Globe reported that Bulgaria has indicted Ignatova in absentia to seize her ill-gotten properties.
In July 2022. Ignatova was added to the FBI’s “most wanted persons” list, with a $100,000 reward for information leading to her arrest. She also appears on a similar Europol list.
Despite rumors that it was a pyramid scheme, it continued to attract investors until the market was abruptly shut down in early 2017, leaving investors with worthless tokens and losses totaling nearly $4 billion.
There are theories that Ignatova may have been murdered or drastically altered her appearance through cosmetic surgery.
Ignatova, an ethnic Bulgarian, was once very popular, even filling London’s Wembley Arena with thousands of people in 2016. She disappeared in 2017 and her whereabouts remain unknown.
Cybersecurity firm SlowMist reports that the Ethereum ecosystem has lost $400 million to exploits so far this year, amid a 50% rise in crypto hacking incidents.
Northern Data, a company with stakes in both cryptocurrency and AI infrastructure, is currently facing a lawsuit filed in California by former executives Joshua Porter and Gulsen Kama.
Sam “SBF” Bankman-Fried, founder of the defunct FTX crypto exchange, is embroiled in a financial scandal involving over $100 million in misused company assets for political contributions.
A U.S. federal court has ordered Sam Ikkurty, a fraudulent crypto hedge fund owner, to repay nearly $84 million to investors deceived by his Ponzi-like scheme.