Welcome, this is The Crypto Explorer, your crypto tour guide.

$5 million dollars is a hefty sum, but it might just be the bait we need to draw Cryptoqueen out of hiding (if she's still out there).

Here’s what we got for you today:

• 🤑 FBI's $5 Million Bounty

• 🤯 Dormant Bitcoin wallet's $3 million comeback!

• 🧱 Around The Block: Kraken founder Jesse Powell donates $1 million to Donald Trump

🤑 FBI's $5 Million Bounty

The FBI is once again hot on the trail of Ruja Ignatova, the infamous 'Cryptoqueen' behind the notorious OneCoin scam!

Familiar with that scandal? In case you don't, here’s a quick backstory:

Ruja Ignatova landed on the FBI's top 10 Most Wanted list in 2022 for orchestrating the massive OneCoin pyramid scheme focused on cryptocurrency, which resulted in investors losing a staggering $4.5 billion.

The scheme began in 2014, was shut down in 2017, and by 2019, Ignatova was facing a litany of serious charges, including wire and securities fraud.

Originally, the FBI offered $100,000 for information on her whereabouts, which later increased to $250,000.

However, after a BBC documentary revealed her ties to Bulgarian crime networks, the reward skyrocketed overnight to $5 million!

Now, here's the burning question:

Why offer such a massive sum for someone who was suspected to have undertaken plastic surgery to evade capture, or worse, may have passed away?

Well, it's pretty simple: the FBI aims to entice Ignatova's inner circle to spill the beans.

If she's alive there is a good chance she's receiving support from her relatives or close associates.

But compared to $100,000 or even $250,000, $5 million is a more tempting offer to persuade someone close to her to give her up.

Will this strategy pay off? Only time will tell.

In the meantime, catch the full scoop on this captivating story —it's one for the books!

 🤯 Dormant Bitcoin Wallet's $3 Million Comeback!

A Satoshi-era Bitcoin wallet that had been idle for 14 years suddenly sprang to life and moved 50 bitcoins to Binance.

These 50 bitcoins were worth only $25 in 2010, but now they’re worth over $3 million, which suggests the owner is cashing out big time!

And get this:

The wallet's history shows that bitcoins were received by mining a single block in 2010!

Back then, you could mine on a PC and earn a whopping 50 bitcoins plus transaction fees, but times have changed.😔

Block rewards are now 3.125 bitcoins, along with transaction fees, and mining requires a lot more processing power, which costs companies a fortune.

We guess things can't remain the same forever, but we miss the good old days!

Oh, and this wallet is not the only one from that era that’s suddenly come back to life.

Over the past few months, other dormant wallets have become active as Bitcoin's price surged to over $73,000.

And it makes you wonder if it's all just a coincidence or if someone is brute-forcing them. What do you think?

You can dig deeper into the story here!

🧱 Around The Block:

Kraken founder Jesse Powell donates $1 million to Donald Trump

• Kraken founder Jesse Powell donates $1 million to Donald Trump.

• 14,000 BTC transferred to Exchanges in four days - a worrying trend For Bitcoin price?

• Crypto Market Braces for $3 Billion Token Unlock Wave in July.

• Ethereum ETFs are likely to launch soon despite minor hurdles.

• Solana could gain 8.9x as it becomes the next crypto ETF — GSR.

That's all we've got for you today.

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In any case, see you tomorrow, or on Twitter, if you're there: @danielakpobare

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions. Please be NEW”