A Guernsey Royal Court has ordered the seizure of £8.5 million tied to Ruja Ignatova.

As reported by ITV on January 16th;

Guernsey’s Royal Court has seized more than £8.5 million from a shell company bank account associated with the infamous missing ‘Cryptoqueen’ Dr Ruja Ignatova.

The full amount, £8,590,200.92 plus interest, will be released by the Royal Bank of Scotland and held in the Seized Asset Fund.

Ignatova had used two Guernsey shell companies to purchase two properties in London. Ignatova’s lawyers claimed the properties in 2023.

German authorities are expected to claim the seized funds, as part of ongoing OneCoin victim recovery efforts.

OneCoin was a $4 billion MLM crypto Ponzi that collapsed in 2017. Ignatova disappeared in October that same year and hasn’t been seen in public since.

Ignatova was placed on the FBI’s Ten Most Wanted Fugitive List following her New York indictment in 2019. The current unclaimed reward for information leading to Ignatova’s capture is $5 million.