US EditionDOJ Opens $40 Million OneCoin Victim Claims After $4 Billion Global Crypto Fraud
Victims who bought OneCoin between 2014 and 2019 can seek compensation from forfeited proceeds, but filing a petition does not guarantee payment.
- On Monday, the United States Department of Justice announced a petition for remission process to compensate victims of the OneCoin investment scheme, with investors who suffered net losses between 2014 and 2019 potentially eligible for forfeited assets.
- Between 2014 and 2019, Ruja Ignatova and Karl Sebastian Greenwood, co-founders of OneCoin Ltd., orchestrated an international cryptocurrency scheme, prompting prosecutions by the United States Attorney for the Southern District of New York.
- To participate, victims must submit a Petition Form with documentation supporting claimed losses; neither the Department of Justice nor the Remission Administrator charges fees to file, and victims do not need an attorney.
- Victims must submit a Petition Form by June 30, 2026, though the Department of Justice notes that submission of a petition does not guarantee payment.
- Information about the OneCoin Cryptocurrency Remission Program is available through the Kroll Settlement Administration, and those who do not wish to participate need take no action.
25 Articles
25 Articles
PR Newswire
Laotian TimesFraud Victims who invested in the fraudulent cryptocurrency OneCoin between 2014 and 2019 and experienced a net loss may be eligible to receive compensation through the Department of Justice's petition for remission process
/PRNewswire/ -- The following statement is being issued by Kroll Settlement Administration on behalf of the United States Department of Justice regarding the...
OneCoin $40M Compensation Fund: Who Qualifies and How to Claim Payouts
After years of waiting, there's finally a step forward for victims of the OneCoin scam. The U.S. Department of Justice has opened a $40 million compensation fund, offering partial recovery in one of the largest crypto fraud cases ever recorded.The fund comes from assets seized during investigations into the scheme. While it represents only a fraction of the estimated losses, it signals that authorities are still working to return money to victim…
US DOJ Opens Compensation for $4 Billion Onecoin Fraud Victims
The U.S. Department of Justice has launched a compensation process for victims of the $4 billion Onecoin fraud. More than $40 million in recovered assets will be distributed to eligible claimants. Key Takeaways: U.S. DOJ launched claims for Onecoin victims, distributing $40 million from a $4 billion fraud case. The scam investment, which ran from […]
Key points of the news: The Department of Justice opened a complaint process for OneCoin victims who want to opt for a $40 million share of seized assets before June 30, 2026. The compensation fund comes from assets seized in proceedings against scheme leaders, including Karl Sebastian Greenwood, previously sentenced to 20 years in prison. Ruja Ignatova is still missing despite strengthened international persecution, leaving the victims in an un…
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