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Policy
Over $40 Million in Seized Assets to be Distributed to OneCoin Scam Victims
The US Department of Justice has established a $40 million compensation fund for victims of the OneCoin cryptocurrency scam, which is estimated to have defrauded over 3.4 million investors of more than $4 billion between 2014 and 2019. The international scheme, led by Ignatova and Karl Sebastian Greenwood, utilized a multi-level marketing network to promote and sell the fraudulent cryptocurrenc…
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 from seized assets for victims of the $4 billion OneCoin scam, as announced by the US Department of Justice. The international cryptocurrency investment scheme, operated by OneCoin Ltd. co-founders between 2014 and 2019, deceived up to 3.4 million investors globally. The scheme involved the sale of a fake cryptocurrency through a multi-level ma…
April 14, 2026, 11:17 a.m.
Policy
Over $40 Million in Seized Assets to be Distributed to OneCoin Scam Victims
More than a decade after the inception of the OneCoin scam, victims of the $4 billion cryptocurrency fraud scheme are now eligible for compensation from a $40 million fund of seized assets, as announced by the US Department of Justice. The scheme, which was operated by OneCoin Ltd. co-founders between 2014 and 2019, duped up to 3.4 million investors worldwide. The operation, based in Sofia, Bulga…
April 14, 2026, 11:17 a.m.
Policy
Victims of OneCoin Scam Receive $40 Million Reprieve Over a Decade Later
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April 14, 2026, 11:17 a.m.
Policy
Over a Decade Later, OneCoin Scam Victims Receive $40 Million in Seized Assets
More than a decade after the OneCoin scam began, victims of the $4 billion cryptocurrency fraud scheme can now apply for compensation from a $40 million fund of seized assets, as announced by the US Department of Justice. The scheme, which operated between 2014 and 2019, involved co-founders Ignatova and Karl Sebastian Greenwood, who defrauded up to 3.4 million investors worldwide through a globa…
April 14, 2026, 11:17 a.m.
Policy
Over $40 Million in Seized Assets to be Distributed to OneCoin Scam Victims
A $40 million fund has been established from seized assets for victims of the OneCoin cryptocurrency scam to claim compensation, as announced by the US Department of Justice. The scam, which ran from 2014 to 2019, involved co-founders Ignatova and Karl Sebastian Greenwood deceiving up to 3.4 million investors worldwide through a global multi-level marketing network. The scheme, deemed one of the …
April 14, 2026, 11:17 a.m.
Policy
Over $40 Million in Seized Assets to be Distributed to OneCoin Scam Victims
A $40 million fund has been established from seized assets to provide compensation to victims of the $4 billion OneCoin cryptocurrency fraud, as announced by the US Department of Justice. The scam, which operated from 2014 to 2019, involved co-founders Ignatova and Karl Sebastian Greenwood deceiving up to 3.4 million investors globally. OneCoin, based in Sofia, Bulgaria, used a multi-level market…
April 14, 2026, 11:17 a.m.
Policy
Over $40 Million in Seized Assets to be Distributed to OneCoin Scam Victims
More than a decade after the OneCoin scam began, victims of the $4 billion cryptocurrency fraud scheme are now eligible for compensation from a $40 million fund of seized assets, as announced by the US Department of Justice on Monday. The scheme, which operated between 2014 and 2019, involved co-founders Ignatova and Karl Sebastian Greenwood, who defrauded up to 3.4 million investors worldwide th…
April 14, 2026, 11:17 a.m.
Policy
OneCoin Scam Victims to Receive $40 Million in Compensation Over a Decade After the Scheme Began
Those affected by the $4 billion OneCoin fraud scheme can now apply for compensation from a $40 million fund comprised of seized assets, as announced by the US Department of Justice on Monday. Between 2014 and 2019, OneCoin Ltd. co-founders Ignatova and Karl Sebastian Greenwood, along with others, orchestrated a global cryptocurrency investment scam that deceived up to 3.4 million investors world…
April 14, 2026, 11:17 a.m.
Policy
Over a Decade Later, OneCoin Scam Victims Receive $40 Million in Relief
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April 14, 2026, 11:17 a.m.