The FBI is encouraging victims of the OneCoin international cryptocurrency investment scheme whose investments resulted in a net loss to apply for compensation through a special Department of Justice (DOJ) program before the June 30 deadline.

"Misled by falsified statements and empty promises, many unknowingly depleted their savings for a fraudulent investment scheme in an emerging financial ecosystem that would never pay out," said FBI New York Assistant Director in Charge James C. Barnacle Jr. in a DOJ press release about the announcement. "With the unwavering support from the Department of Justice, the FBI maintains its commitment to returning these stolen funds to their rightful owners."

The process allows individuals who purchased OneCoin between 2014 and 2019 and incurred pecuniary losses directly resulting from the OneCoin scheme to file petitions to receive compensation.