U.S. Opens Compensation Process for OneCoin Fraud Victims

• The U.S. Department of Justice has opened a petition for the remission process for OneCoin victims.
• Eligible victims are those who bought OneCoin between 2014 and 2019 and suffered a net loss.
• Victims must file a petition with supporting documents by June 30, 2026.

The U.S. Department of Justice has opened a compensation process for victims of the OneCoin fraud scheme, giving eligible investors a path to seek recovery for losses tied to the fake cryptocurrency platform.

The program covers people who purchased OneCoin between 2014 and 2019 and ended up with a net loss after accounting for any withdrawals or other recoveries. The Justice Department said the funds would come from the net proceeds of assets forfeited through criminal cases tied to the scheme.

DOJ Opens Path for OneCoin Victims

The remission process marks a new stage in one of the most notorious crypto fraud cases of the past decade. Federal prosecutors in the Southern District of New York pursued multiple criminal cases tied to OneCoin and sought forfeiture of proceeds generated by the operation.

Authorities said Ruja Ignatova, Karl Sebastian Greenwood, and others ran a large international investment scheme through OneCoin between 2014 and 2019. The operation marketed and sold fraudulent cryptocurrency products and caused heavy losses to victims around the world.

The Justice Department now says victims who meet the eligibility standard may file petitions to seek compensation. The process does not guarantee payment, but it gives affected investors a structured route to participate in the recovery effort.

Victims Must Submit Claims by June 30

Victims who want to participate must submit a completed petition form by June 30, 2026. Each submission must include documents that support the claimed losses.

The Justice Department said petitions can be submitted online or by mail. Those who don’t file won’t be eligible for the remission program.

Many victims waited years for a realistic recovery path. The remission process does not erase those losses, but it creates a direct mechanism for the government to return forfeited funds to eligible claimants.

Crypto Fraud Keeps Expanding Beyond Legacy Scams

The OneCoin recovery push comes at a time when the issue of crypto-related fraud is a significant area of concern in law enforcement. FBI statistics in 2025 indicate 181,565 crypto-related complaints, 21% higher than the year before, with reported losses amounting to $11.366 billion, which is 22% higher than last year.

Additionally, the FBI figures show the damage falling hardest on older Americans. People aged 60 and older recorded the highest complaint count and the largest losses, totaling about $4.432 billion. Across all categories tracked by the bureau, cryptocurrency produced a larger reported loss figure than any individual listed crime type

Related: Crypto Fraud Losses Hit Record $11.37B in FBI 2025 Report