
DOJ Opens $40M Compensation Process for OneCoin Crypto Fraud Victims
DOJ Opens $40M Compensation Process for OneCoin Crypto Fraud Victims Price data by News Law and Order DOJ Opens $40M Compensation Process for OneCoin Crypto Fraud Victims Victims of the $4 billion OneCoin scam can...
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Blockchain ekosistemine dair önemli bir haber gündeme geldi. DOJ Opens $40M Compensation Process for OneCoin Crypto Fraud Victims Price data by News Law and Order DOJ Opens $40M Compensation Process for OneCoin Crypto Fraud Victims Victims of the $4 billion OneCoin scam can petition for the opportunity to recover funds from over $40 million in forfeited assets. By Agent Edited by Stephen Graves Apr 14, 2026 Apr 14, 2026 2 min read OneCoin founder Ruja Ignatova, the "Cryptoqueen. " Image: Flickr/ Create an account to save your articles.
Add on Google Add as your preferred source to see more of our stories on Google. In brief The Department of Justice has announced a compensation process for victims of the OneCoin fraud. More than $40 million in forfeited assets are available for victim compensation.
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Victims must file petitions by June 30, 2026 at onecoinremission. Department of Justice has announced a compensation process for victims of OneCoin, the fake cryptocurrency scheme that defrauded investors of some $4 billion through a global multi-level-marketing network from 2014 to 2019. Victims can now file petitions to claim their share of over $40 million in forfeited assets at onecoinremission.
com , through a process administered by Kroll Settlement Administration LLC. The deadline for submissions is June 30. “Victims are at the core of everything we do at the Department of Justice,” said Assistant Attorney General A.
Tysen Duva of the Justice Department's Criminal Division, in a press release. “As we did in this complex investment fraud case, the Department pursues forfeiture to take the profit out of crime and then use that money to compensate victims wherever possible. Attorney for the Southern District of New York, called the announcement "an important step toward returning funds to those harmed," while James C.
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, Assistant Director in Charge of the FBI New York Field Office, noted the "monumental" victim losses, saying many "unknowingly depleted their savings for a fraudulent investment scheme in an emerging financial ecosystem that would never pay out. " The available compensation funds stem from successful prosecutions of OneCoin's leadership. Karl Sebastian Greenwood, co-founder of OneCoin, was sentenced to 20 years in prison in 2023 for his role in orchestrating the fraud, with authorities seizing assets that now form part of the victim compensation pool.
Ruja Ignatova, the scheme's other co-founder known as the "Cryptoqueen," remains at large. International authorities continue to hunt for Ignatova, with the FBI adding her to its Ten Most Wanted Fugitives list and Europol placing her on its most-wanted register. State Department raised the bounty on Ignatova to $5 million—but her disappearance remains unresolved , with alleged sightings in Russia competing with theories that she may have been killed years earlier.
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