Key Takeaways
- The US Department of Justice (US DOJ) has opened a remission process for OneCoin victims using more than $40 million in forfeited funds.
- Eligible claimants must have bought OneCoin between 2014 and 2019 and suffered a net loss.
- Petitions must be filed by claimants by June 30, 2026, through the official claims portal.
The US DOJ has opened a compensation process for victims of the OneCoin scheme, turning years of prosecutions and forfeiture actions into the first formal recovery track for investors in one of crypto’s biggest fraud cases.
“An Important Step”
In an April 13 notice, the DOJ said more than $40 million in forfeited funds is available for potential distribution.
People who bought OneCoin between 2014 and 2019 and ended up with net losses may qualify to file.
Claims can be submitted online or by mail through the official OneCoin remission website.
The deadline is June 30, 2026. The site says filing is free and that claimants do not need a lawyer.
Manhattan US Attorney Jay Clayton called the process “an important step toward returning funds to those harmed.”
Any eventual payout will be split pro rata among approved claims, based on documented losses and the total number of valid submissions.
No payment date has been announced.
Who Can File
The remission materials say the process is open to victims worldwide who purchased OneCoin during the covered period and still show a net loss after accounting for withdrawals or other recoveries.
Supporting records can include bank statements, wire confirmations, OneCoin emails, order documents, and account screenshots.
The DOJ also warned victims about follow-on scams, saying neither the department nor the claims administrator will ask people to pay in order to participate.
OneCoin Case Moves Into Recovery Phase
Prosecutors have spent years describing OneCoin as a fake cryptocurrency sold through a global fraud operation.
The DOJ and FBI have said the scheme took in more than $4 billion from victims around the world.
Ruja Ignatova, the figure most closely associated with OneCoin, is still on the FBI’s Ten Most Wanted list.
The case has already led to major sentences.
Co-founder Karl Sebastian Greenwood received a 20-year prison sentence in 2023.
A year later, former lawyer Mark Scott was sentenced to 10 years after being convicted of laundering roughly $400 million tied to OneCoin.
Scott also failed to undo that conviction. In October 2025, the US Supreme Court declined to hear his appeal.
Crypto Fraud Losses Keep Climbing
The OneCoin claims process is opening against a wider backdrop of rising crypto-related losses.
In an April 6 press release on its 2025 Internet Crime Report, the FBI said Americans who filed cryptocurrency-related complaints reported more than $11 billion in losses last year.
Cyber-enabled crime overall, the bureau said, costs nearly $21 billion.
The FBI also said its Operation Level Up initiative has now notified more than 8,000 victims of ongoing cryptocurrency investment fraud and helped prevent an estimated $511 million in additional losses.
A Fraction of the Losses
The new process gives victims a route to seek compensation, but the numbers show the limits of that recovery.
The DOJ says more than $40 million is available. The alleged fraud ran above $4 billion.
For claimants, the task now is mostly administrative: pull together records, submit before June 30, and wait for the department to determine which losses qualify for payment.
