[U.S. Department of Justice Launches OneCoin Victim Compensation Program] The U.S. Department of Justice has launched a compensation program for victims of the OneCoin crypto Ponzi scheme. Victims who purchased OneCoin and suffered net losses between 2014 and 2019 are eligible to apply for compensation. Currently, more than $40 million in seized assets are available for distribution. OneCoin was founded in 2014 by Ruja Ignatova and Karl Sebastian Greenwood. At its peak, it was ranked as the second-largest cryptocurrency by market capitalization globally. However, the token collapsed due to its lack of utility, resulting in losses for approximately 3.5 million victims totaling over $4 billion, with some estimates reaching as high as $19 billion. Greenwood was sentenced to 20 years in prison in 2023, while Ignatova has been missing since 2017. She is currently listed on the FBI's 'Ten Most Wanted Fugitives' list, with a $5 million reward offered for information leading to her capture.