Victims of Ruja Ignatova’s OneCoin Fraud Can Now Seek Compensation
The US Department of Justice has opened a remission course of to compensate OneCoin fraud victims, making greater than $40 million in forfeited belongings obtainable for distribution.
According to the announcement, affected people who bought the token between 2014 and 2019 can submit a petition via the official remission web site. Individuals may request the petition type by contacting the appointed Remission Administrator by way of cellphone, e mail, or mail.
The improvement marks a step ahead in efforts to return funds to victims of one of the biggest cryptocurrency scams in recent years. The submitting deadline is June 30, 2026.
“Today’s announcement marks an vital step towards returning funds to these harmed. While no restoration can totally undo the harm, our Office will proceed working to grab prison proceeds and prioritize getting a refund into the arms of victims. If you imagine you might be a sufferer of OneCoin, you might acquire a petition type on-line at www.onecoinremission.com,” US Attorney Jay Clayton said.
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The Criminal Division’s Money Laundering, Narcotics, and Forfeiture Section is managing the method. Kroll Settlement Administration LLC serves because the designated administrator.
OneCoin, co-founded by Ruja Ignatova and Karl Sebastian Greenwood, marketed and sold a fraudulent cryptocurrency via a world multi-level-marketing community starting in 2014. Operating out of Sofia, Bulgaria, the scheme used false guarantees of high returns to attract investors.
The fraud in the end drained greater than $4 billion from victims worldwide. Greenwood pleaded responsible and was sentenced to twenty years in jail in September 2023, together with $300 million in restitution. Ignatova, typically known as the “Cryptoqueen,” has been a fugitive since 2017 and stays on the FBI’s wished listing.
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