The United States Department of Justice, through the Kroll Settlement Administration, has officially commenced a petition for remission process to compensate victims defrauded by the OneCoin cryptocurrency platform between 2014 and 2019.
The announcement, dated April 13, 2026, details that the United States Attorney’s Office for the Southern District of New York prosecuted the massive international fraud scheme orchestrated by OneCoin Ltd. co-founders Ruja Ignatova and Karl Sebastian Greenwood. The scheme involved the marketing and sale of a fraudulent cryptocurrency, leading to significant financial losses for investors globally.
The DOJ has pursued criminal forfeiture of the proceeds from the fraud, and the net proceeds from these forfeited assets will now be used to compensate eligible victims. To be considered, victims must have purchased OneCoin during the specified period and experienced a net loss on their investment after accounting for any withdrawals or recoveries.
Victims wishing to participate must submit a completed petition form, along with documentation verifying their monetary losses, by the deadline of June 30, 2026. Petitions can be filed online at www.onecoinremission.com or by mail. The DOJ and the Remission Administrator do not charge any fees for filing a petition, and legal representation is not required. Submission of a petition does not guarantee payment.
