U.S. Department of Justice to Compensate Victims of the OneCoin Cryptocurrency Investment Fraud, Total Damages Exceed JPY 64 Billion Globally

On the 13th, the U.S. Department of Justice announced the commencement of compensation procedures for the victims of the international cryptocurrency investment fraud, OneCoin. From 2014 to 2019, individuals who purchased the fraudulent cryptocurrency OneCoin are being guided through the compensation application process. The deadline for applications is June 30, managed by the Criminal Division’s Money Laundering and Asset Recovery Section. OneCoin, based in Bulgaria, ...