An accomplice – Konstantin Ignatov – was also found guilty but accepted a plea bargain that spared him a 90-year prison sentence. Ignatov is the younger brother of OneCoin’s mastermind Ruja Ignatova, 38, who remains at large after disappearing in 2017 as the net closed in on the Ponzi scheme. The 33-year-old agreed to cooperate with FBI agents by helping them to locate his sister and other members of the Bulgarian Mafia involved in the global scam.
It is understood the Secret Service will now pick up the hunt for the self-proclaimed ‘Cryptoqueen’.Bringing crypto investigations under the jurisdiction of the USSS also falls in line with President Trump’s continued war on cryptocurrency. Mr Trump has made no secret of his disdain for digital currencies. Only last year he branded bitcoin as being “based on nothing but thin air” and even hinted at making cryptocurrency illegal.
In the Budget Report, it is claimed the restructure of policing financial crime is being tasked with protecting the USA from ‘the threats of tomorrow’, branding cryptocurrency as a particular challenge to national security.
The report reads: “Technological advancements in recent decades, such as cryptocurrencies and the increasing inter-connectedness of the international financial marketplace, have resulted in more complex criminal organizations and revealed stronger links between financial and electronic crimes and the financing of terrorists and rogue state actors.
“The Budget proposes legislation to return the US Secret Service to Treasury to create new efficiencies in the investigation of these crimes and prepare the Nation to face the threats of tomorrow.”
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