The United States Department of State has significantly increased the reward for information leading to the capture of Ruja Ignatova, notoriously known as the Cryptoqueen, to a staggering $5 million. This move comes as a result of Ignatova's involvement in a massive $4 billion cryptocurrency fraud scheme that swindled unsuspecting investors worldwide.

The Cryptoqueen's rise to infamy began with her founding of OneCoin, a cryptocurrency that promised unsuspecting investors astronomical returns. However, the scheme was nothing more than a cleverly disguised Ponzi scheme, with Ignatova and her cohorts siphoning off billions of dollars from innocent people.

In 2017, Ignatova mysteriously disappeared, leaving behind a trail of destruction and financial ruin. Her disappearance sparked a global manhunt, with authorities believing she may be hiding in Eastern Europe or the Middle East. Despite numerous investigations and leads, Ignatova remains at large, and her whereabouts remain a mystery.

In 2022, the FBI added Ignatova to its Most Wanted list, a move that further solidified her notoriety. The increased reward of $5 million is a clear indication of the US government's determination to bring her to justice. The question on everyone's mind, however, is whether Ignatova is still alive.

Speculation about Ignatova's possible murder in 2018 has been rife, with some believing she may have met a sinister end at the hands of her former associates or victims seeking revenge. However, there is no concrete evidence to support this claim, and authorities continue to operate under the assumption that she is still alive and on the run.

The Cryptoqueen's case serves as a stark reminder of the dangers of cryptocurrency fraud and the importance of vigilance in the digital age. As the hunt for Ignatova continues, one thing is certain – she will be brought to justice, and those who have suffered at her hands will finally receive the closure they deserve. The $5 million reward is a significant step forward in achieving this goal, and it is only a matter of time before the Cryptoqueen is finally apprehended.