The U.S. Department of Justice and the Federal Bureau of Investigation have issued an urgent reminder to victims of the OneCoin cryptocurrency fraud to submit claims for financial compensation before the official deadline of June 30, 2026. More than US$40 million in recovered assets has been allocated through the OneCoin Remission Program, offering eligible victims around the world an opportunity to recover a portion of their losses.
Who can apply
The compensation programme is open to eligible victims globally and is not restricted to residents of the United States. Individuals who purchased OneCoin between 2014 and 2019 and suffered a net financial loss may qualify to participate.
Authorities stress that claims must be submitted no later than June 30, 2026. Applications submitted after the deadline are not expected to be considered.
Recovered assets available
More than US$40 million in confiscated assets has been recovered through criminal investigations and court proceedings related to OneCoin. While the amount represents only a fraction of the total investor losses, it marks the first significant restitution programme available to many victims since the collapse of the scheme.
The remission process is administered under the authority of the U.S. Department of Justice, which has established an official claims procedure for eligible applicants.
Warning against fraudulent claims services
The FBI has warned victims to use only the official Department of Justice-authorised claims process. Authorities caution that third-party companies or individuals offering to file claims in exchange for payment or commissions are not affiliated with the programme.
Submitting a claim through the official process is free of charge, and victims are encouraged to avoid anyone requesting upfront fees or promising guaranteed compensation.
One of history’s largest investment frauds
OneCoin is widely regarded as one of the largest investment frauds ever uncovered. Founded in 2014, the operation promoted itself as a revolutionary cryptocurrency while investigators later concluded that it functioned as a global pyramid and Ponzi scheme.
Authorities estimate that investors worldwide lost more than US$4 billion before the scheme collapsed. The case has led to numerous criminal prosecutions across several jurisdictions, with multiple organisers receiving lengthy prison sentences.
Despite years of legal action and asset recovery efforts, only a small proportion of the total losses has been recovered, making the current remission programme particularly significant for affected investors.
Final opportunity approaching
With the June 30 deadline now imminent, the Department of Justice and the FBI are encouraging anyone who believes they may qualify to review the eligibility requirements and submit a claim as soon as possible.
Although the available funds will not fully compensate victims for their losses, the programme provides an opportunity to recover at least part of their investment through an official government-administered process.
Newshub Editorial in North America – June 28, 2026
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