The United States Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are urging victims of the OneCoin cryptocurrency fraud to formally submit claims for compensation before the upcoming deadline of June 30, 2026. The remission program, administered by Kroll Settlement Administration LLC, is built on a fund exceeding $40 million in assets seized from the scheme's leaders. The process targets individuals who purchased educational packages and tokens from the Bulgaria-based platform between 2014 and 2019 and suffered direct financial losses.
The DOJ launched the official remission process on April 13, 2026, alongside a dedicated online portal, onecoinremission.com. Eligible victims may file petitions via postal mail, email, or through the website's online form. Authorities stress that filing a claim does not guarantee automatic repayment; refunds will be distributed based on each victim's calculated net loss — the total deposits minus any completed withdrawals — and only after all claims are reviewed. Claimants must provide thorough documentation, including bank transfer receipts, account statements, electronic contracts, and platform screenshots that prove direct harm.
OneCoin was founded in 2014 by Ruja Ignatova and Karl Sebastian Greenwood, promoting itself as a new virtual currency set to rival Bitcoin. The company operated a multi-level marketing system that sold investment packages purportedly granting mining rights. Later FBI investigations revealed the tokens and the supposed blockchain infrastructure had no real technological value. Estimated global losses exceed $4 billion, affecting approximately 3.4 million users.
Regarding the perpetrators, Greenwood was arrested in Thailand in 2018, extradited to the U.S., and sentenced to 20 years in federal prison on September 12, 2023, after pleading guilty to fraud and money laundering charges. Co-founder Ruja Ignatova has been an international fugitive since October 25, 2017, and currently appears on the FBI's Ten Most Wanted Fugitives list. The U.S. Department of State is offering a reward of up to $5 million for information leading to her arrest or conviction. After the June 30 cutoff, program administrators will evaluate all petitions to allocate the available seized funds proportionally among verified victims.
