OneCoin crypto scam victims will get compensation following the $4 billion fraud, the US Department of Justice has said, but one lawyer thinks many small investors won’t get back their stolen cash.
The DOJ announced Tuesday that it had begun the remission compensation process for OneCoin investors. OneCoin was a purported crypto project that pitched itself as a Bitcoin rival but was really a pyramid scheme that defrauded investors.
While it was marketed as a cryptocurrency, OneCoin had no blockchain and relied on industry jargon to lure investors.
“It’s going to be a big job, and I feel bad for small investors who are simply probably just not going to have the English language ability or the documentation, especially…







