DOJ launches victim compensation for $4B OneCoin crypto pyramid scheme via asset forfeiture

The DOJ has opened a formal remission process for victims of the OneCoin fraud, one of the largest crypto scams in history that siphoned over $4B from roughly 3.5M investors globally between 2014 and 2019. Funds come from criminal asset forfeiture pursued by the SDNY — co-founder Karl Sebastian Greenwood was sentenced to 20 years and ordered to forfeit $300M, while co-founder Ruja Ignatova remains on the FBI's Ten Most Wanted list. Victims who suffered net losses can file claims at onecoinremission.com by June 30, 2026 with no fees or attorney required.

TLDR by @Benthic

More coverage

• DOJ Launches OneCoin Victim Compensation Program - Rare Evo (rareevo.io)
• Justice Department opens compensation for victims of $4B OneCoin ... (binance.com)
• DOJ Opens OneCoin Compensation Process - Silver Miller Law Firm (silvermillerlaw.com)
• DOJ Opens $40M Compensation for OneCoin Pyramid Victims (bitcoinfoundation.org)
• OneCoin Cryptocurrency Fraud Remission - Claim Depot (claimdepot.com)

Explore the topic

• DOJ
• Crypto
• Launch