OneCoin victims get a second shot at $40M—FBI says clock's ticking on Ignatova's ghost 💸
The U.S. Federal Bureau of Investigation is urging victims of the OneCoin cryptocurrency fraud to file compensation claims through the U.S. Department of Justice's OneCoin Remission Program before the June 30, 2026 deadline. The program is funded by more than $40 million in forfeited assets and is administered independently of the related criminal proceedings, according to the FBI.
Eligible investors are those who purchased OneCoin packages between the fourth quarter of 2014 and the fourth quarter of 2019 and suffered a net financial loss. The FBI directed qualifying victims to submit petitions through the official OneCoin Remission Program, after which the government will review submissions to determine eligibility for reimbursement.
The compensation process follows the DOJ's April announcement that more than $40 million in forfeited funds had been made available for distribution to eligible victims. The FBI reiterated that OneCoin defrauded investors worldwide of more than $4 billion by falsely marketing itself as a cryptocurrency while operating as a pyramid scheme.
The scheme was co-founded by Ruja Ignatova, who remains on the FBI's Ten Most Wanted Fugitives list after disappearing in 2017. Her co-founder, Karl Sebastian Greenwood, was sentenced to 20 years in prison in 2023 after pleading guilty to wire fraud and money laundering charges related to the scheme. The FBI encouraged victims who have not yet applied to act promptly before the program closes.
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