The post OneCoin’s Crypto Queen should be old news appeared on BitcoinEthereumNews.com.

Earlier this week, the US State Department upped the reward money from $250,000 to $5 million for information about missing OneCoin promoter Ruja Ignatova. Better known as the Crypto Queen, Ignatova has either been on the run since 2017, when she took a plane to Greece and was never seen in public again — or was murdered by the Bulgarian mafia sometime after, probably on a yacht in the Mediterranean. But regardless of where Ignatova may be in this world or the next, her multi-billion dollar OneCoin crypto scam is definitely over. Two other higher-ups in the OneCoin family — co-founder Karl Sebastien Greeword and former legal chief Irina Dilkinska — are serving twenty years and four years respectively, with each also paying $300 million and $111 million in fines. Justice might not be fully served, but it has definitely had a very nice start. So why would the US up her reward by a magnitude of 20? Especially after last year’s BBC special that found pretty convincing evidence that Ignatova fell victim to the selfsame Bulgarian mafioso hired to protect her. Read more from our opinion section: Eminem’s new crypto ad fails to capture the moment, lets it slip There’s no doubt that the US loves to prosecute crypto criminals, and that’s not necessarily a bad thing. Despite the countless op-eds that we have run about the Securities and Exchange Commission’s overreach into the crypto sector, it’s generally considered good when people who break the law are punished for breaking the law. Just look at some of the reactions to sassy headlines about the cop who arrested Justin Timberlake for drunk driving. However, something about the latest price jump for information about Ignatova (a previous increase brought the original reward from $100,000 to the next quarter of a million…

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Filed under: News - @ June 29, 2024 2:16 am