The U.S. Department of Justice announced the Roger Knox remission fund has begun distributing over $12.4 million, supplemented by $3.1 million from the SEC, to more than 8,000 victims of a global pump‑and‑dump securities fraud tied to Swiss firm Silverton/Wintercap. DOJ and SEC coordinated to return forfeited proceeds to defrauded investors. The distribution represents a coordinated cross‑agency effort to remediate harms from international securities fraud schemes.

The Department of Justice detailed the start of payout operations from the Roger Knox remission fund to compensate victims of a large, coordinated pump‑and‑dump securities fraud run through Swiss firm Silverton/Wintercap. The remission fund will distribute more than $12.4 million in DOJ‑forfeited assets plus an additional $3.1 million provided by the Securities and Exchange Commission, bringing total distributions to over $15.5 million and reaching more than 8,000 identified victims. The release emphasizes cross‑agency coordination: DOJ handled forfeiture and remission processes while the SEC contributed civil relief funds to augment victim recovery. DOJ noted the complexity of tracing proceeds across jurisdictions and channels, and described procedures for claimants to submit documentation and receive pro rata compensation. The announcement frames the distribution as part of continued enforcement against international securities manipulators and a model for returning ill‑gotten gains to retail investors harmed by market manipulation. DOJ signaled ongoing investigative work to identify additional assets and co-conspirators and urged affected investors to review the official claims process outlined on justice.gov.