OneCoin buyers can claim share of $40M in DOJ fund
Buyers who purchased OneCoin between 2014 and 2019 can file petitions to claim part of more than $40 million in forfeited assets; petitions are due June 30, 2026.
The U.S. Department of Justice has opened a remission process that makes more than $40 million in forfeited assets available to people who bought OneCoin tokens between 2014 and 2019. Petitions must be filed by June 30, 2026.
The Criminal Division’s Money Laundering, Narcotics, and Forfeiture Section is managing the process, and Kroll Settlement Administration LLC is the designated administrator. Claimants may submit a petition online at www.onecoinremission.com or request a paper form by contacting the Remission Administrator by phone, email or mail.
The funds come from assets seized in the criminal investigation into OneCoin. Eligible claimants are those who purchased OneCoin tokens during the 2014–2019 period. The DOJ has directed petitioners to follow the instructions on the official remission website for eligibility and filing requirements.
In a statement, US Attorney Jay Clayton described the announcement as an important development in returning funds to victims and noted that no recovery can fully undo the damage. He added that the office will continue efforts to seize criminal proceeds and prioritize returning money to victims, and directed potential victims to obtain a petition form at the remission website.
OneCoin was co-founded by Ruja Ignatova and Karl Sebastian Greenwood and was marketed through a global multi-level-marketing network beginning in 2014 from Sofia, Bulgaria. The scheme promised high returns and defrauded investors of more than $4 billion worldwide. Greenwood pleaded guilty and in September 2023 was sentenced to 20 years in prison and ordered to pay $300 million in restitution. Ignatova has been a fugitive since 2017 and remains on the FBI’s wanted list.
The remission process offers a way for identified victims to seek partial recovery from assets seized by U.S. authorities. Petitioners should review the eligibility criteria and submission instructions on the official site and contact the Remission Administrator with questions or to request a paper petition.
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