DOJ initiates OneCoin victim restitution process
The DOJ has initiated the restitution process for OneCoin victims.
A website has been set up by the DOJ, through which OneCoin victims can file a petition and/or
call, email, or write to the Remission Administrator to request that a Petition Form be sent to them.
The OneCoin restitution petition process is being handled by Kroll Settlement Administration LLC.
Instructions for filing a petition are as follows:
You must complete and sign a petition for remission either in paper format or through the online submission form available on this website.
You must mail, email, or submit online your completed and signed petition for remission, along with supporting documentation.
The deadline to file a petition is June 30th, 2026.
OneCoin victims are advised that anyone offering to help file a petition is likely looking to scam you. Best practice is to file a petition yourself on the DOJ’s OneCoin Remission website.
OneCoin was a $4 billion MLM cryptocurrency run by Ruja Ignatova.
Ignatova disappeared in 2017 after the Ponzi side of OneCoin collapsed. Ignatova remains a fugitive wanted by the FBI.
OneCoin victim restitution is being funded by forfeiture in related criminal cases, filed in the Southern District of New York.
Upon the issuance of a final order of forfeiture, the net proceeds of those forfeited assets will be available to compensate victims through the remission process.
Filing of this order is at the discretion of the relevant court. There is no set deadline for distribution of approved OneCoin restitution petitions.
Technically it’s called remission process, not restitution.
And there’s a difference.
Remission distributes government-seized (forfeited) money via an application/proof process controlled by the DOJ.
Restitution is a direct court-imposed repayment obligation on the criminal(s), which the government helps enforce. Both aim to return money to victims, but remission places more evidentiary burden and administrative hurdles on claimants.
finance.yahoo.com/markets/crypto/articles/feds-announce-crypto-scam-onecoin-202105440.html
I was referring to restitution from a “returning money to victims” perspective.
law.cornell.edu/wex/restitution
I guess in this instance remission is the act of seizure and restitution is the act of returning seized funds (including liquidated assets) back to victims.
There is no court restitution order but it’s still the correct term to refer to the act of returning money itself no?
Well we know one thing for certain: There will be no US Citizens filing a claim. AFter all OC said over and over and over that US citizens were not allowed to join OC (cough, cough).
So much for setting up all those offshore accounts and wire transfers from offshore banks to OC, you know that the US OC pimps were telling their victims to do so they could be part of OC.
The story they try to tell the US authorities as to why they should be able to file a claim will be hilarious to read.
The real reason most people aren’t going to claim is because very few people in the OneCoin alternate reality declared their income to the tax authorities.
It can’t be a coincidence that the online form demands that US citizens and residents fill in a social security number.