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Policy
Over $40 Million in Relief for Victims of the OneCoin Scam More Than a Decade Later
The U.S. Department of Justice has established a $40 million compensation fund for victims of the $4 billion OneCoin scam, which was announced on Monday. The scheme, which operated from 2014 to 2019, was led by co-founders Ignatova and Karl Sebastian Greenwood, and involved an international cryptocurrency investment scam that deceived up to 3.4 million investors worldwide. OneCoin Ltd., based in …
April 14, 2026, 11:17 a.m.
Policy
OneCoin Scam Victims to Receive $40 Million in Compensation Over a Decade After the Scheme Began
More than a decade after the OneCoin $4 billion scam was initiated, victims can now apply for compensation from a $40 million fund comprising seized assets, as announced by the US Department of Justice on Monday. Between 2014 and 2019, Ignatova and Karl Sebastian Greenwood, co-founders of OneCoin Ltd, along with other accomplices, orchestrated a global cryptocurrency investment scam that deceived…
April 14, 2026, 11:17 a.m.
Policy
Victims of $4 Billion OneCoin Scam to Receive $40 Million in Compensation
A $40 million compensation fund has been established for victims of the $4 billion OneCoin cryptocurrency scam, the US Department of Justice announced. The scheme, which operated from 2014 to 2019, defrauded up to 3.4 million investors worldwide. OneCoin's founders, including Ignatova and Karl Sebastian Greenwood, perpetrated the fraud through a global multi-level marketing network, selling a fak…
April 14, 2026, 11:17 a.m.
Policy
Victims of $4 Billion OneCoin Scam Receive $40 Million in Seized Assets
A $40 million compensation fund has been established for victims of the $4 billion OneCoin cryptocurrency scam, the US Department of Justice announced. The scam, which operated from 2014 to 2019, defrauded up to 3.4 million investors worldwide through a global multi-level marketing network. The scheme, deemed one of the largest global frauds in history, involved the sale of a fake cryptocurrency …
April 14, 2026, 11:17 a.m.
Policy
Victims of OneCoin Scam to Receive $40 Million in Compensation
More than a decade after the OneCoin scam began, victims are set to receive a $40 million lifeline, courtesy of seized assets secured by the US Department of Justice. The OneCoin scheme, which defrauded up to 3.4 million investors of over $4 billion between 2014 and 2019, was operated by co-founders Ignatova and Karl Sebastian Greenwood through a global multi-level-marketing network. The scheme, …
April 14, 2026, 11:17 a.m.
Policy
OneCoin Scam Victims Receive $40 Million in Seized Assets Over a Decade After the Scheme Began
More than a decade after the inception of the OneCoin scam, victims of the $4 billion cryptocurrency fraud can now apply for compensation from a $40 million fund comprising seized assets, as announced by the US Department of Justice on Monday. Between 2014 and 2019, co-founders Ignatova and Karl Sebastian Greenwood, along with others, operated a global cryptocurrency investment scheme that defrau…
April 14, 2026, 11:17 a.m.
Policy
Victims of OneCoin Receive $40 Million in Compensation Over a Decade After the Scam Started
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April 14, 2026, 11:17 a.m.
Policy
Over $40 Million in Seized Assets to be Distributed to OneCoin Scam Victims
A $40 million compensation fund has been established for victims of the $4 billion OneCoin cryptocurrency fraud, as announced by the US Department of Justice. The international scam, which ran from 2014 to 2019, involved co-founders Ignatova and Karl Sebastian Greenwood deceiving up to 3.4 million investors worldwide. The scheme, which was marketed as a cryptocurrency investment opportunity throu…
April 14, 2026, 11:17 a.m.
Policy
Over $40 Million in Seized Assets Made Available to OneCoin Scam Victims
A $40 million fund has been established from seized assets for victims of the $4 billion OneCoin cryptocurrency scam, according to a recent announcement by the US Department of Justice. Between 2014 and 2019, co-founders Ignatova and Karl Sebastian Greenwood, along with others, orchestrated a global investment scheme that defrauded up to 3.4 million investors worldwide. The scheme, based in S…
April 14, 2026, 11:17 a.m.
Policy
Victims of OneCoin Scam Receive $40 Million in Relief Over a Decade Later
None
April 14, 2026, 11:17 a.m.