US Justice Department opens claims for victims of $4 billion OneCoin fraud
The US Justice Department is allowing victims of the $4 billion OneCoin fraud to file claims for compensation from forfeited assets.Summary
The U.S. Department of Justice has initiated a claims process for victims of the OneCoin cryptocurrency scheme, offering compensation from over $40 million in forfeited assets. Individuals who purchased OneCoin between 2014 and 2019 can file claims through a program administered by Kroll, with a deadline of June 30. These funds are derived from criminal forfeiture actions related to prosecutions in the Southern District of New York. The announcement coincides with the ongoing fugitive status of OneCoin co-founder Ruja Ignatova, who is on the FBI's Most Wanted list with substantial rewards offered for her arrest. Several associates of Ignatova have faced legal consequences, including co-founder Karl Sebastian Greenwood, who pleaded guilty and was sentenced to 20 years, and legal chief Irina Dilkinska, who received a four-year sentence.
(Source：The Block)