US Department of Justice begins compensation payments to OneCoin victims, one of the largest crypto pyramid schemes
The US Department of Justice has started distributing compensation to victims of OneCoin — a cryptocurrency fraud that caused investors to lose more than $4 billion. This marks a significant step towards justice for those affected by this expansive financial scam.
Source Сointelegraph
Payments will be made from confiscated assets belonging to the scheme's organizers, including property and bank accounts of Ruja Ignatova, known as the “crypto queen” due to her central role in building the pyramid.
OneCoin is considered one of the most damaging crypto scams, which affected thousands of investors worldwide.
The US Department of Justice’s involvement in this process highlights its commitment to combating cryptocurrency-related financial crimes.
This case could serve as a precedent for future regulatory and protective measures in the cryptocurrency sector.