The Bulgarian woman, believed to be in her 40s, is wanted for her alleged role in running a cryptocurrency scam known as OneCoin. Federal investigators accuse the fugitive of using the scheme to defraud victims out of more than $4bn .In 2014, OneCoin, a self-described cryptocurrency, began offering buyers commission if they sold the currency on to more people. A bureau notice published on Thursday offered a $100,000 reward for any information leading to the arrest of Ms Ignatova, who was charged in 2019 with eight counts including wire fraud and securities fraud. Is Crypto a fraud scheme ?

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