The U.S. has placed a $5 million bounty on OneCoin founder Ruja Ignatova, while crypto scams surge 113%, overshadowing political efforts. Here's what you need to know:
Bounty on OneCoin Founder: The U.S. is offering a $5 million reward for information leading to the capture of Ruja Ignatova, the founder of the OneCoin scam.
Surge in Crypto Scams: Crypto losses from hacks and scams surged by 113% in Q2 2024, totaling $572 million.
Political Silence on Crypto: Despite the industry spending millions to influence the elections, neither Biden nor Trump mentioned cryptocurrency during their first presidential debate.
Bitcoin Tax Payments: Congressman Matt Gaetz proposed a bill that would allow federal income taxes to be paid in Bitcoin.