Tag: Onecoin

Victims of the OneCoin cryptocurrency Ponzi scheme are finally getting a chance at compensation through a United States Department of Justice program, more than a decade after the fraudulent project launched in 2014. The DoJ announced on April 13 that $40 million in assets are now available to anyone who purchased OneCoin between 2014 and…

The United States Department of Justice has initiated a compensation program for victims of the $4 billion OneCoin cryptocurrency Ponzi scheme, utilizing over $40 million in forfeited assets seized from the operation’s organizers. US Attorney for Manhattan Jay Clayton announced on Monday that anyone who purchased OneCoin between 2014 and 2019 and suffered a net…