**News**

- Russian influencer Valeria Fedyakina, known as the "Crypto Queen," is accused of $22 million in fraud.

- Fedyakina, also known as "Bitmama," allegedly ran a Ponzi scheme promising investors 1% returns.

- Victims claim their funds were converted to cryptocurrency to circumvent sanctions.

- Investigators have found that some of the funds may have been used to support the Ukrainian military.

- Charges are expected to be formally filed in November.