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DOJ Opens $40M Compensation Process for OneCoin Crypto Fraud Victims
The U.S. Department of Justice has announced a compensation process for victims of OneCoin, the fake cryptocurrency scheme that defrauded investors of some $4 billion through a global multi-level-marketing network from 2014 to 2019. Victims can now file petitions to claim their share of over $40 million in forfeited assets at onecoinremission.com, through a process administered by Kroll Settlement Administration LLC. The deadline for submissions is June 30. “Victims are at the core of everything we do at the Department of Justice,” said Assistant Attorney General A. Tysen Duva of the Justice Department's Criminal ... (full story)
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